Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by Portus Wealth Advisors LLC

Portus Wealth Advisors LLC decreased its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 14.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,034 shares of the company’s stock after selling 8,655 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for about 2.2% of Portus Wealth Advisors LLC’s holdings, making the stock its 11th biggest holding. Portus Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $2,355,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares in the last quarter. Baltimore Washington Financial Advisors Inc. grew its stake in shares of 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 worth $62,078,000 after acquiring an additional 274,166 shares in the last quarter. Chicago Wealth Management Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $9,848,000. Atlas Capital Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $8,607,000. Finally, Wells Fargo & Company MN increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,746,577 shares of the company’s stock worth $124,997,000 after acquiring an additional 141,025 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT opened at $61.84 on Monday. The stock has a market cap of $5.40 billion, a P/E ratio of 26.94 and a beta of 1.33. The business’s fifty day simple moving average is $59.37 and its 200-day simple moving average is $51.15. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $40.12 and a 12-month high of $67.49.

Invesco S&P 500 Equal Weight Technology ETF Profile

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.