Private Advisor Group LLC Has $9.91 Million Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Private Advisor Group LLC trimmed its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 16.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 264,946 shares of the company’s stock after selling 52,514 shares during the period. Private Advisor Group LLC owned 0.23% of Invesco S&P 500 Equal Weight Technology ETF worth $9,914,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at $25,000. Avior Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 510.3% during the 4th quarter. Avior Wealth Management LLC now owns 885 shares of the company’s stock worth $33,000 after acquiring an additional 740 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter valued at about $38,000. Peterson Financial Group Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter valued at about $39,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth approximately $41,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RSPT stock opened at $39.96 on Friday. The stock has a market cap of $4.53 billion, a P/E ratio of 25.99 and a beta of 1.69. The firm has a 50 day simple moving average of $38.57 and a 200 day simple moving average of $37.74. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $32.03 and a 52 week high of $40.49.

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.