Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) Stock Position Decreased by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Rating) by 16.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 64,163 shares of the company’s stock after selling 12,747 shares during the period. Royal Bank of Canada owned 0.79% of Invesco S&P 500 Equal Weight Technology ETF worth $14,528,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Renaissance Technologies LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 8.3% in the 3rd quarter. Renaissance Technologies LLC now owns 1,300 shares of the company’s stock valued at $294,000 after acquiring an additional 100 shares in the last quarter. Kovack Advisors Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 5.3% in the 3rd quarter. Kovack Advisors Inc. now owns 1,985 shares of the company’s stock worth $449,000 after buying an additional 100 shares during the period. King Luther Capital Management Corp increased its position in Invesco S&P 500 Equal Weight Technology ETF by 11.8% in the 3rd quarter. King Luther Capital Management Corp now owns 1,230 shares of the company’s stock worth $278,000 after buying an additional 130 shares during the period. Treynor Bancshares Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 12.1% in the 3rd quarter. Treynor Bancshares Inc. now owns 31,258 shares of the company’s stock worth $7,077,000 after buying an additional 3,364 shares during the period. Finally, Dakota Wealth Management increased its position in Invesco S&P 500 Equal Weight Technology ETF by 44.1% in the 3rd quarter. Dakota Wealth Management now owns 31,571 shares of the company’s stock worth $7,148,000 after buying an additional 9,662 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 1.4 %

Shares of NYSEARCA RYT opened at $263.87 on Wednesday. The business’s 50 day moving average is $262.05 and its two-hundred day moving average is $251.94. The company has a market cap of $2.30 billion, a P/E ratio of 17.16 and a beta of 1.16. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $213.47 and a 12 month high of $298.52.

About Invesco S&P 500 Equal Weight Technology ETF

(Get Rating)

The Invesco S&P 500 Equal Weight Technology ETF (RYT) 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. RYT was launched on Nov 1, 2006 and is managed by Invesco.