Invesco S&P 500 Equal Weight Technology ETF $RSPT Stock Holdings Lowered by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. lessened its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 91.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,580 shares of the company’s stock after selling 50,395 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $302,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after acquiring an additional 1,102,277 shares in the last quarter. RMG Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at about $66,437,000. Envestnet Asset Management Inc. grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 5.6% in the second quarter. Envestnet Asset Management Inc. now owns 296,357 shares of the company’s stock valued at $19,115,000 after acquiring an additional 15,633 shares during the period. Cetera Investment Advisers grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 54.6% in the first quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock valued at $15,465,000 after acquiring an additional 120,625 shares during the period. Finally, Prasad Wealth Partners LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.8% in the first quarter. Prasad Wealth Partners LLC now owns 331,655 shares of the company’s stock worth $15,011,000 after acquiring an additional 5,931 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $65.27 on Friday. The company has a market capitalization of $6.10 billion, a P/E ratio of 26.94 and a beta of 1.34. The business has a 50-day moving average of $65.39 and a two-hundred day moving average of $60.77. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $41.45 and a 1 year high of $69.45.

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.