Detalus Advisors LLC Has $4.94 Million Stock Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Detalus Advisors LLC lessened its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 57.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,774 shares of the company’s stock after selling 152,192 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises 1.3% of Detalus Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Detalus Advisors LLC owned 0.12% of Invesco S&P 500 Equal Weight Technology ETF worth $4,938,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of RSPT. NorthCrest Asset Manangement LLC increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 13.8% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,022 shares of the company’s stock valued at $316,000 after buying an additional 853 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 52.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 35,028 shares of the company’s stock worth $1,562,000 after acquiring an additional 12,070 shares during the period. Bfsg LLC boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 13.5% during the 3rd quarter. Bfsg LLC now owns 66,800 shares of the company’s stock worth $2,978,000 after acquiring an additional 7,922 shares in the last quarter. Live Oak Investment Partners increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 30.1% in the third quarter. Live Oak Investment Partners now owns 16,120 shares of the company’s stock valued at $719,000 after acquiring an additional 3,734 shares during the last quarter. Finally, MGO One Seven LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $281,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT opened at $47.33 on Thursday. The firm has a 50 day simple moving average of $45.72 and a two-hundred day simple moving average of $44.06. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $28.52 and a one year high of $47.78. The company has a market cap of $4.12 billion, a P/E ratio of 26.94 and a beta of 1.26.

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.