Portus Wealth Advisors LLC Trims Holdings in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Portus Wealth Advisors LLC reduced its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 14.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 52,034 shares of the company’s stock after selling 8,655 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for 2.2% of Portus Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest position. Portus Wealth Advisors LLC owned 0.06% of Invesco S&P 500 Equal Weight Technology ETF worth $2,355,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in RSPT. Apollon Wealth Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.5% during the 1st quarter. Apollon Wealth Management LLC now owns 14,811 shares of the company’s stock worth $670,000 after purchasing an additional 768 shares during the period. Janney Montgomery Scott LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 1.4% in the first quarter. Janney Montgomery Scott LLC now owns 180,485 shares of the company’s stock valued at $8,169,000 after purchasing an additional 2,523 shares during the period. Yoder Wealth Management Inc. raised its position in Invesco S&P 500 Equal Weight Technology ETF by 2.5% in the first quarter. Yoder Wealth Management Inc. now owns 157,369 shares of the company’s stock valued at $7,123,000 after purchasing an additional 3,882 shares during the period. Friedenthal Financial lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.0% during the first quarter. Friedenthal Financial now owns 40,424 shares of the company’s stock worth $1,830,000 after purchasing an additional 403 shares in the last quarter. Finally, Signal Advisors Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the first quarter worth $217,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT opened at $61.84 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $40.12 and a 52 week high of $67.49. The business has a fifty day simple moving average of $59.37 and a 200-day simple moving average of $51.15. The firm has a market cap of $5.40 billion, a P/E ratio of 26.94 and a beta of 1.33.

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.