Janney Montgomery Scott LLC Sells 45,867 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Janney Montgomery Scott LLC decreased its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 10.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,129 shares of the company’s stock after selling 45,867 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.33% of Invesco S&P 500 Equal Weight Technology ETF worth $14,218,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSPT. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter worth $27,000. Kimelman & Baird LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter worth about $33,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $38,000. Mather Group LLC. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter valued at approximately $48,000. Finally, Farther Finance Advisors LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 74.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,040 shares of the company’s stock worth $115,000 after purchasing an additional 1,295 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of RSPT opened at $38.42 on Thursday. The firm has a market cap of $4.35 billion, a P/E ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $27.87 and a 1 year high of $38.90. The company has a 50 day simple moving average of $37.13 and a two-hundred day simple moving average of $36.18.

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.