Redhawk Wealth Advisors Inc. Lowers Stake in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Redhawk Wealth Advisors Inc. cut its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 42.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,585 shares of the company’s stock after selling 51,713 shares during the quarter. Redhawk Wealth Advisors Inc. owned about 0.08% of Invesco S&P 500 Equal Weight Technology ETF worth $4,553,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $238,000. Goldman Sachs Group Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock valued at $15,991,000 after acquiring an additional 296,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter valued at approximately $3,490,000. Jane Street Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $1,096,000. Finally, Focus Partners Wealth lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 612.3% during the 1st quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock worth $256,000 after acquiring an additional 6,435 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.1%

Shares of RSPT stock opened at $64.57 on Tuesday. The business’s 50 day moving average is $62.24 and its two-hundred day moving average is $54.46. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $40.35 and a twelve month high of $67.49. The company has a market capitalization of $5.86 billion, a P/E ratio of 26.94 and a beta of 1.33.

Invesco S&P 500 Equal Weight Technology ETF Company 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.