Focus Financial Network Inc. cut its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 18.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 53,456 shares of the company’s stock after selling 12,154 shares during the period. Focus Financial Network Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth about $25,000. Avior Wealth Management LLC grew 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 valued at $33,000 after purchasing an additional 740 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth 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 approximately $39,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at $41,000.
Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.4 %
Shares of RSPT opened at $39.18 on Wednesday. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock has a 50 day moving average of $38.49 and a 200-day moving average of $37.55. Invesco S&P 500 Equal Weight Technology ETF has a 52 week low of $32.03 and a 52 week high of $39.92.
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.
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Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
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