Lido Advisors LLC reduced its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report) by 9.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 126,366 shares of the company’s stock after selling 13,734 shares during the quarter. Lido Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,719,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Root Financial Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth about $33,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $43,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $48,000. Smartleaf Asset Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $75,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth approximately $82,000.
Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.7%
Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $59.33 on Friday. The stock has a market capitalization of $5.38 billion, a P/E ratio of 26.94 and a beta of 1.33. The stock has a 50 day moving average price of $62.07 and a two-hundred day moving average price of $53.25. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $40.29 and a 12-month high of $67.49.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Equal Weight Technology ETF
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Want to see what other hedge funds are holding RSPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT – Free Report).
Receive News & Ratings for Invesco S&P 500 Equal Weight Technology ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Equal Weight Technology ETF and related companies with MarketBeat.com's FREE daily email newsletter.
