Focus Financial Network Inc. Sells 6,645 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Focus Financial Network Inc. trimmed its position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 9.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,610 shares of the company’s stock after selling 6,645 shares during the period. Focus Financial Network Inc. owned about 0.06% of Invesco S&P 500 Equal Weight Technology ETF worth $2,474,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RSPT. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF in the 2nd quarter valued at $33,000. Allspring Global Investments Holdings LLC purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF in the third quarter worth $38,000. Mather Group LLC. bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth $48,000. Finally, Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 3,520.6% during the second quarter. Strategic Financial Concepts LLC now owns 265,390 shares of the company’s stock valued at $97,000 after purchasing an additional 258,060 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT stock opened at $36.76 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a 12 month low of $27.10 and a 12 month high of $38.90. The firm’s 50-day moving average is $37.09 and its 200 day moving average is $36.06. The company has a market capitalization of $4.17 billion, a PE ratio of 25.99 and a beta of 1.69.

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.