Invesco S&P 500 Equal Weight Technology ETF $RSPT Shares Purchased by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 24.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,392,499 shares of the company’s stock after buying an additional 274,166 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for about 2.7% of Baltimore Washington Financial Advisors Inc.’s holdings, making the stock its 8th biggest holding. Baltimore Washington Financial Advisors Inc. owned approximately 1.54% of Invesco S&P 500 Equal Weight Technology ETF worth $62,078,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in RSPT. JPMorgan Chase & Co. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 160.3% during the second quarter. JPMorgan Chase & Co. now owns 1,451,125 shares of the company’s stock worth $59,177,000 after purchasing an additional 893,554 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 2.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock valued at $58,167,000 after acquiring an additional 28,061 shares during the period. RMG Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 3.4% in the 3rd quarter. RMG Wealth Management LLC now owns 1,374,742 shares of the company’s stock valued at $61,767,000 after acquiring an additional 44,919 shares in the last quarter. Horizon Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $48,608,000. Finally, Osaic Holdings Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.4% during the second quarter. Osaic Holdings Inc. now owns 809,735 shares of the company’s stock worth $33,028,000 after purchasing an additional 41,480 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of RSPT stock opened at $45.55 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $28.52 and a fifty-two week high of $48.96. The company has a 50 day moving average price of $46.87 and a 200 day moving average price of $45.30. The stock has a market capitalization of $3.96 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.