Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC trimmed its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 13.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor 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 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RSPT. PNC Financial Services Group Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 168.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,348 shares of the company’s stock worth $312,000 after purchasing an additional 5,243 shares during the period. Proficio Capital Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $1,050,000. Assetmark Inc. lifted its holdings 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 worth $26,000 after acquiring an additional 324 shares during the last quarter. D.A. Davidson & CO. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 8.9% in the fourth quarter. D.A. Davidson & CO. now owns 15,713 shares of the company’s stock valued at $588,000 after acquiring an additional 1,278 shares during the period. Finally, PKS Advisory Services LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $357,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 6.8 %

Shares of NYSEARCA RSPT opened at $29.91 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $29.80 and a 12-month high of $40.50. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 22.74 and a beta of 1.21. The stock’s 50 day simple moving average is $36.87 and its 200 day simple moving average is $37.66.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0441 per share. This is an increase 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 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.