Davis Investment Partners LLC Sells 42,225 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Davis Investment Partners LLC lowered its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 1,253,783 shares of the company’s stock after selling 42,225 shares during the period. Invesco S&P 500 Equal Weight Technology ETF makes up approximately 20.0% of Davis Investment Partners LLC’s investment portfolio, making the stock its largest position. Davis Investment Partners LLC owned 1.44% of Invesco S&P 500 Equal Weight Technology ETF worth $56,746,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $238,000. Goldman Sachs Group Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after buying an additional 296,259 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at $3,490,000. Jane Street Group LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter valued at $1,096,000. Finally, Focus Partners Wealth grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 612.3% in the first quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock valued at $256,000 after buying an additional 6,435 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.0%

RSPT stock opened at $62.30 on Thursday. The business’s fifty day moving average price is $58.84 and its 200 day moving average price is $50.93. Invesco S&P 500 Equal Weight Technology ETF has a 12-month low of $39.95 and a 12-month high of $67.49. The company has a market capitalization of $5.44 billion, a PE ratio of 26.94 and a beta of 1.33.

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.