CIBC Private Wealth Group LLC Lowers Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

CIBC Private Wealth Group LLC lessened its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 13.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,540 shares of the company’s stock after selling 2,796 shares during the period. CIBC Private Wealth Group LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $667,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AdvisorNet Financial Inc acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $25,000. Assetmark Inc. raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 90.0% in the fourth quarter. Assetmark Inc. now owns 684 shares of the company’s stock valued at $26,000 after buying an additional 324 shares in the last quarter. Avior Wealth Management LLC lifted its holdings 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 buying an additional 740 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $41,000. Finally, Mainstream Capital Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $41,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA RSPT opened at $29.91 on Friday. The stock’s 50-day simple moving average is $36.87 and its 200-day simple moving average is $37.66. The firm has a market capitalization of $2.68 billion, a PE ratio of 22.74 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $29.80 and a fifty-two week high of $40.50.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0441 per share. This is a positive change from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Equal Weight Technology ETF 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.