Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. lowered its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,740 shares of the company’s stock after selling 2,760 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,188,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $25,000. Assetmark Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 90.0% during the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock worth $26,000 after buying an additional 324 shares during the period. Avior Wealth Management LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 510.3% in the fourth quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock valued at $33,000 after buying an additional 740 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $41,000. Finally, Mainstream Capital Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $41,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA:RSPT opened at $35.41 on Monday. The firm has a market capitalization of $3.16 billion, a PE ratio of 24.41 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 firm’s 50-day moving average is $34.04 and its two-hundred day moving average is $36.88.

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.