Baltimore Washington Financial Advisors Inc. Buys 274,166 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Baltimore Washington Financial Advisors Inc. grew its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 24.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,392,499 shares of the company’s stock after buying an additional 274,166 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises 2.7% of Baltimore Washington Financial Advisors Inc.’s portfolio, making the stock its 8th largest holding. Baltimore Washington Financial Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $62,078,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RSPT. Carnegie Investment Counsel lifted its stake in Invesco S&P 500 Equal Weight Technology ETF by 40.3% in the third quarter. Carnegie Investment Counsel now owns 48,760 shares of the company’s stock worth $2,174,000 after acquiring an additional 14,011 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 4,675.9% during the 3rd quarter. Silver Oak Securities Incorporated now owns 13,659 shares of the company’s stock worth $609,000 after purchasing an additional 13,373 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 22.7% during the second quarter. Advisory Services Network LLC now owns 126,879 shares of the company’s stock worth $5,267,000 after purchasing an additional 23,502 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 242.6% in the third quarter. Elevation Wealth Partners LLC now owns 18,056 shares of the company’s stock valued at $805,000 after buying an additional 12,786 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at $234,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $45.55 on Friday. The stock has a 50-day simple moving average of $46.87 and a 200-day simple moving average of $45.30. The stock has a market cap of $3.96 billion, a P/E ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $48.96.

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.