U.S. Capital Wealth Advisors LLC Sells 110,122 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

U.S. Capital Wealth Advisors LLC trimmed its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 54.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 91,933 shares of the company’s stock after selling 110,122 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $3,466,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSPT. BNP Paribas Financial Markets boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 100.0% in the first quarter. BNP Paribas Financial Markets now owns 400,695 shares of the company’s stock valued at $14,100,000 after acquiring an additional 200,331 shares during the period. Oppenheimer & Co. Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.7% in the first quarter. Oppenheimer & Co. Inc. now owns 18,078 shares of the company’s stock valued at $636,000 after acquiring an additional 468 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 7.3% in the second quarter. Dynamic Advisor Solutions LLC now owns 53,673 shares of the company’s stock valued at $1,968,000 after acquiring an additional 3,635 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% in the second quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock valued at $97,000 after acquiring an additional 258,060 shares during the period. Finally, Mather Group LLC. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at about $48,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $37.25 on Thursday. The firm has a 50-day moving average of $37.03 and a 200-day moving average of $35.93. The stock has a market cap of $4.22 billion, a PE ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $26.09 and a 52-week high of $38.90.

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.