IFP Advisors Inc Reduces Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)

IFP Advisors Inc lessened its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Rating) by 9.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,183 shares of the company’s stock after selling 217 shares during the quarter. IFP Advisors Inc’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of RYT. Equitable Holdings Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.7% during the 1st quarter. Equitable Holdings Inc. now owns 1,774 shares of the company’s stock worth $513,000 after acquiring an additional 47 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1,167.0% during the 1st quarter. Prudential Financial Inc. now owns 75,172 shares of the company’s stock valued at $21,736,000 after buying an additional 69,239 shares in the last quarter. Laurel Wealth Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.8% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 4,393 shares of the company’s stock valued at $1,270,000 after buying an additional 121 shares in the last quarter. Snider Financial Group lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 6.4% during the 1st quarter. Snider Financial Group now owns 35,036 shares of the company’s stock valued at $10,130,000 after buying an additional 2,122 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 20.5% during the 1st quarter. Northern Trust Corp now owns 905 shares of the company’s stock valued at $262,000 after buying an additional 154 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

RYT opened at $259.27 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $213.47 and a fifty-two week high of $283.21. The firm’s fifty day moving average is $264.37 and its 200 day moving average is $258.41. The stock has a market cap of $2.46 billion, a price-to-earnings ratio of 17.16 and a beta of 1.18.

Invesco S&P 500 Equal Weight Technology ETF Profile

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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.