JPMorgan Chase & Co. Trims Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

JPMorgan Chase & Co. lowered its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 2.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 486,572 shares of the company’s stock after selling 11,543 shares during the period. JPMorgan Chase & Co. owned 0.43% of Invesco S&P 500 Equal Weight Technology ETF worth $18,344,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RSPT. Choreo LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 9.2% in the second quarter. Choreo LLC now owns 19,325 shares of the company’s stock valued at $707,000 after purchasing an additional 1,635 shares during the period. ASB Consultores LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 3.1% in the 2nd quarter. ASB Consultores LLC now owns 11,138 shares of the company’s stock valued at $408,000 after buying an additional 340 shares during the period. AE Wealth Management LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 4.4% during the 2nd quarter. AE Wealth Management LLC now owns 8,710 shares of the company’s stock worth $319,000 after buying an additional 366 shares during the last quarter. Rockport Wealth LLC raised its position in Invesco S&P 500 Equal Weight Technology ETF by 4.8% during the 2nd quarter. Rockport Wealth LLC now owns 21,854 shares of the company’s stock worth $801,000 after buying an additional 1,004 shares during the last quarter. Finally, Chicago Wealth Management Inc. lifted its stake in shares of 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 worth $9,841,000 after acquiring an additional 9,079 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Down 0.3 %

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $38.04 on Friday. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $31.53 and a 52-week high of $39.66. The company’s 50-day simple moving average is $38.32 and its 200-day simple moving average is $37.31.

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.