Moulton Wealth Management Inc. Has $1.53 Million Stock Holdings in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Moulton Wealth Management Inc. decreased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 43.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 40,858 shares of the company’s stock after selling 31,408 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF makes up about 1.3% of Moulton Wealth Management Inc.’s portfolio, making the stock its 18th largest position. Moulton Wealth Management Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,534,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth approximately $472,000. B. Riley Wealth Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at $801,000. PNC Financial Services Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at $252,000. Park Avenue Securities LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF by 5.3% in the 1st quarter. Park Avenue Securities LLC now owns 107,557 shares of the company’s stock worth $3,785,000 after purchasing an additional 5,452 shares during the last quarter. Finally, RFG Advisory LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 3.4% during the 1st quarter. RFG Advisory LLC now owns 44,476 shares of the company’s stock worth $1,565,000 after purchasing an additional 1,483 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA RSPT opened at $38.04 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $26.09 and a twelve month high of $38.90. The stock has a market cap of $4.31 billion, a PE ratio of 25.99 and a beta of 1.69. The firm has a 50-day simple moving average of $36.89 and a 200 day simple moving average of $35.86.

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.