Invesco S&P 500 Equal Weight Technology ETF $RSPT Stake Trimmed by Islay Capital Management LLC

Islay Capital Management LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 23.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,979 shares of the company’s stock after selling 38,851 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises about 3.3% of Islay Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Islay Capital Management LLC owned approximately 0.14% of Invesco S&P 500 Equal Weight Technology ETF worth $5,178,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Kingstone Capital Partners Texas LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $219,602,000. LPL Financial LLC lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 17.5% in the 1st quarter. LPL Financial LLC now owns 1,902,073 shares of the company’s stock worth $65,051,000 after purchasing an additional 283,494 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.9% in the 1st quarter. Raymond James Financial Inc. now owns 1,398,303 shares of the company’s stock worth $47,822,000 after purchasing an additional 77,588 shares in the last quarter. RMG Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $55,241,000. Finally, Royal Bank of Canada grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.1% in the first quarter. Royal Bank of Canada now owns 1,114,071 shares of the company’s stock valued at $38,101,000 after purchasing an additional 44,051 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $44.55 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $28.52 and a one year high of $47.00. The stock has a market cap of $4.02 billion, a PE ratio of 26.94 and a beta of 1.26. The stock has a 50 day moving average price of $44.77 and a 200 day moving average price of $41.43.

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.