Baltimore Washington Financial Advisors Inc. Has $38.87 Million Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Baltimore Washington Financial Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 5.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,031,015 shares of the company’s stock after purchasing an additional 56,519 shares during the period. Invesco S&P 500 Equal Weight Technology ETF accounts for approximately 2.1% of Baltimore Washington Financial Advisors Inc.’s investment portfolio, making the stock its 14th biggest position. Baltimore Washington Financial Advisors Inc. owned approximately 0.91% of Invesco S&P 500 Equal Weight Technology ETF worth $38,869,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at about $27,000. Kimelman & Baird LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the second quarter valued at about $33,000. Allspring Global Investments Holdings LLC bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $38,000. Peterson Financial Group Inc. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the third quarter worth about $39,000. Finally, Mather Group LLC. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the second quarter worth about $48,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Up 0.8 %

RSPT opened at $38.65 on Friday. Invesco S&P 500 Equal Weight Technology ETF has a twelve month low of $29.68 and a twelve month high of $39.04. The company has a 50-day simple moving average of $37.67 and a 200 day simple moving average of $36.58. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of 25.99 and a beta of 1.69.

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.