Baltimore Washington Financial Advisors Inc. Increases Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Baltimore Washington Financial Advisors Inc. lifted its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071,011 shares of the company’s stock after acquiring an additional 39,996 shares during the quarter. 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 16th largest holding. Baltimore Washington Financial Advisors Inc.’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $40,077,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in RSPT. Creative Planning lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 10.7% during the second quarter. Creative Planning now owns 52,397 shares of the company’s stock worth $1,921,000 after buying an additional 5,066 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 34.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 21,464 shares of the company’s stock worth $787,000 after acquiring an additional 5,539 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 2nd quarter worth $240,000. Smith Anglin Financial LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 1.0% during the third quarter. Smith Anglin Financial LLC now owns 190,701 shares of the company’s stock valued at $7,189,000 after purchasing an additional 1,953 shares in the last quarter. Finally, SignalPoint Asset Management LLC grew its stake in Invesco S&P 500 Equal Weight Technology ETF by 0.7% in the third quarter. SignalPoint Asset Management LLC now owns 228,406 shares of the company’s stock valued at $8,629,000 after purchasing an additional 1,581 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Technology ETF stock opened at $38.25 on Tuesday. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $32.03 and a one year high of $39.92. The company has a 50-day simple moving average of $38.48 and a two-hundred day simple moving average of $37.45. The company has a market capitalization of $4.33 billion, a PE 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.