Detalus Advisors LLC Has $4.50 Million Stake in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Detalus Advisors LLC lowered its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 10.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 98,832 shares of the company’s stock after selling 11,942 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for 1.1% of Detalus Advisors LLC’s portfolio, making the stock its 22nd largest position. Detalus Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $4,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.9% in the 3rd quarter. Bank of America Corp DE now owns 4,213,957 shares of the company’s stock valued at $187,858,000 after buying an additional 36,393 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock valued at $58,167,000 after buying an additional 28,061 shares during the last quarter. Baltimore Washington Financial Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 24.5% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 1,392,499 shares of the company’s stock valued at $62,078,000 after buying an additional 274,166 shares during the last quarter. RMG Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 3.4% in the 3rd quarter. RMG Wealth Management LLC now owns 1,374,742 shares of the company’s stock valued at $61,767,000 after buying an additional 44,919 shares during the last quarter. Finally, Horizon Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at approximately $48,608,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.2%

Shares of NYSEARCA:RSPT opened at $56.41 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $35.62 and a 1-year high of $57.00. The firm has a market capitalization of $4.92 billion, a PE ratio of 26.94 and a beta of 1.29. The business’s 50 day moving average is $48.44 and its 200-day moving average is $46.92.

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.