Islay Capital Management LLC Sells 4,717 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Islay Capital Management LLC lowered its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 142,430 shares of the company’s stock after selling 4,717 shares during the period. Invesco S&P 500 Equal Weight Technology ETF comprises about 3.7% of Islay Capital Management LLC’s holdings, making the stock its 5th biggest position. Islay Capital Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,330,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Wells Fargo & Company MN grew its position in Invesco S&P 500 Equal Weight Technology ETF by 21.5% in the fourth quarter. Wells Fargo & Company MN now owns 2,561,272 shares of the company’s stock valued at $95,843,000 after acquiring an additional 452,376 shares during the last quarter. LPL Financial LLC increased its position in Invesco S&P 500 Equal Weight Technology ETF by 13.7% during the 4th quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock worth $60,567,000 after purchasing an additional 195,612 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at approximately $49,421,000. Meitav Investment House Ltd. acquired a new stake in Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter valued at approximately $48,732,000. Finally, Baltimore Washington Financial Advisors Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.9% during the fourth quarter. Baltimore Washington Financial Advisors Inc. now owns 1,071,011 shares of the company’s stock worth $40,077,000 after buying an additional 39,996 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of NYSEARCA:RSPT opened at $29.91 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $29.80 and a 52-week high of $40.50. The company has a market capitalization of $2.68 billion, a PE ratio of 22.74 and a beta of 1.21. The company has a fifty day moving average of $36.87 and a 200-day moving average of $37.66.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.0441 dividend. The ex-dividend date was Monday, March 24th. This is an increase 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.