Condor Capital Management Cuts Stock Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Condor Capital Management lessened its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,913 shares of the company’s stock after selling 8,267 shares during the quarter. Condor Capital Management owned about 0.26% of Invesco S&P 500 Equal Weight Technology ETF worth $10,463,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Optiver Holding B.V. purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $34,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter worth $43,000. Collier Financial acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 3rd quarter worth $62,000. Flagship Harbor Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth $82,000. Finally, Advisors Preferred LLC grew its stake 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 worth $95,000 after buying an additional 1,324 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA:RSPT opened at $60.94 on Friday. The business’s 50-day moving average is $51.04 and its 200 day moving average is $47.89. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $36.75 and a 1 year high of $61.16. The firm has a market capitalization of $5.32 billion, a P/E ratio of 26.94 and a beta of 1.29.

Invesco S&P 500 Equal Weight Technology ETF 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.