Summit Place Financial Advisors LLC Cuts Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Summit Place Financial Advisors LLC decreased its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 8.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,950 shares of the company’s stock after selling 1,700 shares during the period. Summit Place Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $677,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in RSPT. Baltimore Washington Financial Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.8% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 974,496 shares of the company’s stock worth $35,725,000 after acquiring an additional 53,273 shares during the period. Captrust Financial Advisors lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the 1st quarter. Captrust Financial Advisors now owns 853,616 shares of the company’s stock worth $30,039,000 after buying an additional 3,499 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.5% in the second quarter. EP Wealth Advisors LLC now owns 498,458 shares of the company’s stock worth $18,273,000 after buying an additional 26,024 shares in the last quarter. Graypoint LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 9.2% during the 2nd quarter. Graypoint LLC now owns 467,144 shares of the company’s stock valued at $17,125,000 after purchasing an additional 39,398 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.3% in the first quarter. Janney Montgomery Scott LLC now owns 424,736 shares of the company’s stock worth $14,946,000 after purchasing an additional 13,433 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT opened at $37.57 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $26.09 and a 1 year high of $38.90. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. The stock’s 50 day simple moving average is $37.06 and its 200 day simple moving average is $35.97.

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.