Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC cut its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 50.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,346 shares of the company’s stock after selling 19,420 shares during the quarter. Royal Fund Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $724,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. DHJJ Financial Advisors Ltd. lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.6% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 58,510 shares of the company’s stock valued at $2,206,000 after buying an additional 353 shares during the period. AE Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 4.4% during the second quarter. AE Wealth Management LLC now owns 8,710 shares of the company’s stock valued at $319,000 after buying an additional 366 shares during the period. Raub Brock Capital Management LP increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.3% in the 3rd quarter. Raub Brock Capital Management LP now owns 143,957 shares of the company’s stock valued at $5,427,000 after purchasing an additional 457 shares in the last quarter. Friedenthal Financial boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 1.2% during the third quarter. Friedenthal Financial now owns 43,528 shares of the company’s stock worth $1,641,000 after purchasing an additional 529 shares in the last quarter. Finally, Acorn Wealth Advisors LLC grew its holdings in Invesco S&P 500 Equal Weight Technology ETF by 4.1% in the third quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock valued at $549,000 after purchasing an additional 580 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT opened at $39.06 on Wednesday. The firm has a market cap of $4.43 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $32.03 and a one year high of $39.66. The firm has a fifty day moving average of $38.31 and a 200 day moving average of $37.37.

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.