Truist Financial Corp Reduces Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Truist Financial Corp lessened its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 20.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 125,114 shares of the company’s stock after selling 31,871 shares during the period. Truist Financial Corp owned approximately 0.14% of Invesco S&P 500 Equal Weight Technology ETF worth $5,102,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Walker Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the 2nd quarter. Walker Asset Management LLC now owns 83,453 shares of the company’s stock valued at $3,403,000 after acquiring an additional 296 shares during the last quarter. American Financial Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.1% in the 1st quarter. American Financial Advisors LLC now owns 36,874 shares of the company’s stock valued at $1,261,000 after acquiring an additional 400 shares during the last quarter. Secure Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% in the 2nd quarter. Secure Asset Management LLC now owns 53,954 shares of the company’s stock valued at $2,200,000 after acquiring an additional 418 shares during the last quarter. Dakota Wealth Management boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.6% in the 1st quarter. Dakota Wealth Management now owns 9,559 shares of the company’s stock valued at $327,000 after acquiring an additional 511 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the 1st quarter. Kestra Advisory Services LLC now owns 124,066 shares of the company’s stock valued at $4,243,000 after acquiring an additional 548 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT stock opened at $44.99 on Wednesday. The firm’s fifty day simple moving average is $42.54 and its 200-day simple moving average is $39.05. The company has a market capitalization of $4.05 billion, a P/E ratio of 26.94 and a beta of 1.21. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $46.02.

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.