Envestnet Asset Management Inc. Sells 31,219 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Envestnet Asset Management Inc. cut its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 9.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 304,764 shares of the company’s stock after selling 31,219 shares during the period. Envestnet Asset Management Inc. owned 0.34% of Invesco S&P 500 Equal Weight Technology ETF worth $13,586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Caldwell Trust Co bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter valued at about $28,000. Advisors Preferred LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $32,000. Steigerwald Gordon & Koch Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $77,000. Harbour Investments Inc. increased its position in Invesco S&P 500 Equal Weight Technology ETF by 8.5% during the second quarter. Harbour Investments Inc. now owns 3,704 shares of the company’s stock worth $151,000 after buying an additional 291 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter valued at approximately $155,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 1.5%

NYSEARCA:RSPT opened at $47.16 on Tuesday. The stock has a 50 day simple moving average of $46.72 and a 200 day simple moving average of $44.81. The stock has a market cap of $4.10 billion, a P/E ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $28.52 and a 1-year high of $48.96.

Invesco S&P 500 Equal Weight Technology ETF 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.