Goldstein Advisors LLC Cuts Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Goldstein Advisors LLC trimmed its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 4.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,165 shares of the company’s stock after selling 1,297 shares during the period. Goldstein Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $895,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RSPT. Brighton Jones LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $238,000. D.A. Davidson & CO. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 8.9% in the 4th quarter. D.A. Davidson & CO. now owns 15,713 shares of the company’s stock worth $588,000 after buying an additional 1,278 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.9% in the 4th quarter. Bank of New York Mellon Corp now owns 35,473 shares of the company’s stock worth $1,327,000 after buying an additional 1,650 shares during the last quarter. Advisor OS LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $314,000. Finally, Kovack Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.3% in the 4th quarter. Kovack Advisors Inc. now owns 19,920 shares of the company’s stock worth $745,000 after buying an additional 1,350 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT stock opened at $40.08 on Thursday. The company has a market cap of $3.53 billion, a P/E ratio of 28.34 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $40.50. The stock’s fifty day moving average price is $36.77 and its 200-day moving average price is $36.86.

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.