Farther Finance Advisors LLC Cuts Stake in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Farther Finance Advisors LLC lessened its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 9.8% during the third quarter, HoldingsChannel reports. The firm owned 197,278 shares of the company’s stock after selling 21,392 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $8,795,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Caldwell Trust Co acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth approximately $28,000. Advisors Preferred LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $32,000. Pflug Koory LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $33,000. Founders Capital Management acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $63,000. Finally, Salem Investment Counselors Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at $82,000.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.3%

RSPT opened at $46.32 on Wednesday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $28.52 and a twelve month high of $47.55. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 26.94 and a beta of 1.26. The company has a fifty day simple moving average of $45.34 and a 200 day simple moving average of $43.09.

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.