Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Shares Sold by Continuum Advisory LLC

Continuum Advisory LLC lowered its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 61.5% in the third quarter, Holdings Channel reports. The institutional investor owned 1,500 shares of the company’s stock after selling 2,400 shares during the quarter. Continuum Advisory LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $57,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 134.1% during the 3rd quarter. Blue Trust Inc. now owns 5,163 shares of the company’s stock valued at $189,000 after acquiring an additional 2,958 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 72.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 16,408 shares of the company’s stock valued at $619,000 after purchasing an additional 6,900 shares in the last quarter. Beck Capital Management LLC lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 30.0% during the third quarter. Beck Capital Management LLC now owns 11,272 shares of the company’s stock worth $425,000 after purchasing an additional 2,602 shares during the last quarter. Cerity Partners LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 4.5% in the third quarter. Cerity Partners LLC now owns 263,000 shares of the company’s stock worth $9,915,000 after purchasing an additional 11,395 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 99.6% in the third quarter. BNP Paribas Financial Markets now owns 340,684 shares of the company’s stock worth $12,844,000 after purchasing an additional 170,000 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.4 %

Shares of NYSEARCA RSPT opened at $38.90 on Friday. The stock’s 50 day moving average price is $38.18 and its two-hundred day moving average price is $37.00. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $31.02 and a 52-week high of $39.66. The stock has a market capitalization of $4.41 billion, a P/E ratio of 25.99 and a beta of 1.69.

About Invesco S&P 500 Equal Weight Technology ETF

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.