Carnegie Investment Counsel Sells 15,275 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Carnegie Investment Counsel lowered its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 28.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 38,080 shares of the company’s stock after selling 15,275 shares during the quarter. Carnegie Investment Counsel’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the first quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock valued at $15,991,000 after purchasing an additional 296,259 shares during the last quarter. Chicago Wealth Management Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at about $9,848,000. Atlas Capital Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $8,607,000. Wells Fargo & Company MN boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,746,577 shares of the company’s stock worth $124,997,000 after buying an additional 141,025 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 157.0% during the 4th quarter. Cetera Investment Advisers now owns 221,076 shares of the company’s stock worth $10,061,000 after buying an additional 135,066 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT stock opened at $61.68 on Tuesday. The stock has a market cap of $5.59 billion, a PE ratio of 26.94 and a beta of 1.33. The stock has a 50-day moving average of $61.61 and a 200-day moving average of $52.41. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $40.28 and a one year high of $67.49.

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.