Davis Investment Partners LLC Has $59.30 Million Stock Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Davis Investment Partners LLC decreased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,296,008 shares of the company’s stock after selling 62,988 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF makes up approximately 20.7% of Davis Investment Partners LLC’s holdings, making the stock its biggest holding. Davis Investment Partners LLC owned 1.49% of Invesco S&P 500 Equal Weight Technology ETF worth $59,298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of RSPT. Caldwell Trust Co bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $28,000. Optiver Holding B.V. acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $34,000. Collier Financial bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth approximately $62,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth approximately $77,000. Finally, Advisors Preferred LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 170.4% during the 3rd quarter. Advisors Preferred LLC now owns 2,101 shares of the company’s stock valued at $95,000 after purchasing an additional 1,324 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT opened at $47.02 on Friday. The company has a market cap of $4.09 billion, a P/E ratio of 26.94 and a beta of 1.26. The stock has a fifty day moving average price of $46.90 and a 200 day moving average price of $45.61. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $28.52 and a 12 month high of $48.96.

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.