Moulton Wealth Management Inc. Reduces Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Moulton Wealth Management Inc. cut its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 16.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,078 shares of the company’s stock after selling 6,780 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for about 1.0% of Moulton Wealth Management Inc.’s portfolio, making the stock its 25th biggest position. Moulton Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of RSPT. DHJJ Financial Advisors Ltd. raised its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.6% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 58,510 shares of the company’s stock valued at $2,206,000 after buying an additional 353 shares during the period. AE Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 4.4% during the second quarter. AE Wealth Management LLC now owns 8,710 shares of the company’s stock valued at $319,000 after acquiring an additional 366 shares during the last quarter. Raub Brock Capital Management LP raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.3% in the third quarter. Raub Brock Capital Management LP now owns 143,957 shares of the company’s stock valued at $5,427,000 after acquiring an additional 457 shares during the period. Friedenthal Financial lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 1.2% in the 3rd quarter. Friedenthal Financial now owns 43,528 shares of the company’s stock worth $1,641,000 after acquiring an additional 529 shares during the last quarter. Finally, Acorn Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 4.1% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 14,560 shares of the company’s stock worth $549,000 after purchasing an additional 580 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Invesco S&P 500 Equal Weight Technology ETF stock opened at $38.51 on Monday. The firm has a market capitalization of $4.36 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 $32.01 and a 1-year high of $39.66. The company’s 50-day moving average is $38.31 and its 200 day moving average is $37.36.

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.