Moulton Wealth Management Inc. Has $1.53 Million Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Moulton Wealth Management Inc. lowered its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 43.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,858 shares of the company’s stock after selling 31,408 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for 1.3% of Moulton Wealth Management Inc.’s portfolio, making the stock its 18th largest holding. Moulton Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,534,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RSPT. Fisher Asset Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth $472,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $801,000. PNC Financial Services Group Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $252,000. Park Avenue Securities LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.3% in the 1st quarter. Park Avenue Securities LLC now owns 107,557 shares of the company’s stock worth $3,785,000 after purchasing an additional 5,452 shares during the last quarter. Finally, RFG Advisory LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the first quarter. RFG Advisory LLC now owns 44,476 shares of the company’s stock worth $1,565,000 after purchasing an additional 1,483 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $38.04 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $26.09 and a 12 month high of $38.90. The company has a market cap of $4.31 billion, a PE ratio of 25.99 and a beta of 1.69. The business’s 50 day moving average is $36.89 and its two-hundred day moving average is $35.86.

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.