Destination Wealth Management Reduces Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Destination Wealth Management reduced its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 138,546 shares of the company’s stock after selling 19,914 shares during the period. Destination Wealth Management’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $6,176,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Carnegie Investment Counsel lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 40.3% in the third quarter. Carnegie Investment Counsel now owns 48,760 shares of the company’s stock valued at $2,174,000 after acquiring an additional 14,011 shares during the last quarter. Silver Oak Securities Incorporated increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 4,675.9% during the third quarter. Silver Oak Securities Incorporated now owns 13,659 shares of the company’s stock worth $609,000 after acquiring an additional 13,373 shares during the last quarter. Advisory Services Network LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 22.7% during the second quarter. Advisory Services Network LLC now owns 126,879 shares of the company’s stock worth $5,267,000 after acquiring an additional 23,502 shares during the last quarter. Elevation Wealth Partners LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 242.6% in the third quarter. Elevation Wealth Partners LLC now owns 18,056 shares of the company’s stock valued at $805,000 after purchasing an additional 12,786 shares during the period. Finally, Baltimore Washington Financial Advisors Inc. raised its position in Invesco S&P 500 Equal Weight Technology ETF by 24.5% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 1,392,499 shares of the company’s stock valued at $62,078,000 after purchasing an additional 274,166 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.5%

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $45.66 on Monday. The firm has a market cap of $3.97 billion, a PE ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $28.52 and a 52 week high of $48.96. The business’s fifty day simple moving average is $46.90 and its 200-day simple moving average is $45.53.

About Invesco S&P 500 Equal Weight Technology ETF

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on Nov 1, 2006 and is managed by Invesco.