Phoenix Financial Ltd. Has $3.75 Million Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Phoenix Financial Ltd. cut its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 42.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,160 shares of the company’s stock after selling 73,130 shares during the period. Phoenix Financial Ltd.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $3,748,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 5.2% during the third quarter. FMR LLC now owns 45,912 shares of the company’s stock worth $1,731,000 after acquiring an additional 2,281 shares in the last quarter. Neville Rodie & Shaw Inc. boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 7.2% during the fourth quarter. Neville Rodie & Shaw Inc. now owns 169,109 shares of the company’s stock worth $6,328,000 after purchasing an additional 11,300 shares during the last quarter. Capital Market Strategies LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.9% in the 4th quarter. Capital Market Strategies LLC now owns 94,170 shares of the company’s stock valued at $3,524,000 after acquiring an additional 882 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 295,922 shares of the company’s stock worth $11,156,000 after purchasing an additional 2,009 shares in the last quarter. Finally, HBW Advisory Services LLC grew its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 23.9% in the 4th quarter. HBW Advisory Services LLC now owns 12,555 shares of the company’s stock valued at $470,000 after acquiring an additional 2,421 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA:RSPT opened at $31.49 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $28.52 and a one year high of $40.50. The company has a market cap of $2.83 billion, a P/E ratio of 22.74 and a beta of 1.21. The firm’s fifty day moving average price is $36.01 and its two-hundred day moving average price is $37.42.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.0441 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04.

Invesco S&P 500 Equal Weight Technology ETF Company 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.