Janney Montgomery Scott LLC Has $13.98 Million Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Janney Montgomery Scott LLC decreased its holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 373,493 shares of the company’s stock after selling 3,636 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $13,976,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Chicago Wealth Management Inc. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.5% in the 2nd quarter. Chicago Wealth Management Inc. now owns 268,445 shares of the company’s stock valued at $9,841,000 after buying an additional 9,079 shares in the last quarter. Creative Planning boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 10.7% in the 2nd quarter. Creative Planning now owns 52,397 shares of the company’s stock valued at $1,921,000 after purchasing an additional 5,066 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 70.7% in the 2nd quarter. NewEdge Advisors LLC now owns 130,173 shares of the company’s stock worth $4,772,000 after purchasing an additional 53,912 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 34.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,464 shares of the company’s stock worth $787,000 after purchasing an additional 5,539 shares in the last quarter. Finally, Regal Investment Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 2.8% in the second quarter. Regal Investment Advisors LLC now owns 210,019 shares of the company’s stock valued at $7,699,000 after buying an additional 5,743 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.9 %

NYSEARCA RSPT opened at $39.52 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a 1-year low of $32.03 and a 1-year high of $39.92. The company has a 50 day moving average of $38.42 and a 200-day moving average of $37.43. The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

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.