Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Sold by UBS Group AG

UBS Group AG decreased its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,489,850 shares of the company’s stock after selling 91,705 shares during the period. UBS Group AG’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $67,803,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.9% in the third quarter. Bank of America Corp DE now owns 4,213,957 shares of the company’s stock valued at $187,858,000 after purchasing an additional 36,393 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.0% in the second quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock valued at $58,167,000 after purchasing an additional 28,061 shares during the period. Baltimore Washington Financial Advisors Inc. lifted 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 valued at $62,078,000 after purchasing an additional 274,166 shares during the period. RMG Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.4% in the third quarter. RMG Wealth Management LLC now owns 1,374,742 shares of the company’s stock valued at $61,767,000 after purchasing an additional 44,919 shares during the period. Finally, Horizon Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth $48,608,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of RSPT stock opened at $54.51 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $34.71 and a 1 year high of $54.91. The stock has a market cap of $4.76 billion, a PE ratio of 26.94 and a beta of 1.29. The stock has a fifty day moving average price of $47.86 and a 200 day moving average price of $46.68.

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.