Truist Financial Corp Sells 6,249 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Truist Financial Corp trimmed its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 161,839 shares of the company’s stock after selling 6,249 shares during the period. Truist Financial Corp’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $6,056,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lodestar Private Asset Management LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 6.0% during the fourth quarter. Lodestar Private Asset Management LLC now owns 6,747 shares of the company’s stock valued at $252,000 after acquiring an additional 383 shares during the period. Gladstone Institutional Advisory LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 10.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 5,922 shares of the company’s stock valued at $222,000 after acquiring an additional 549 shares during the period. Acorn Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 4.1% during the third quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock valued at $549,000 after acquiring an additional 580 shares during the period. Kaydan Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 4.2% during the fourth quarter. Kaydan Wealth Management Inc. now owns 14,864 shares of the company’s stock valued at $556,000 after acquiring an additional 603 shares during the period. Finally, Aptus Capital Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 12.8% during the third quarter. Aptus Capital Advisors LLC now owns 5,639 shares of the company’s stock valued at $213,000 after acquiring an additional 639 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 3.2 %

Shares of RSPT opened at $38.69 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $32.03 and a 12-month high of $40.49. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock’s 50-day moving average price is $38.57 and its 200 day moving average price is $37.80.

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.