Portus Wealth Advisors LLC Makes New $2.67 Million Investment in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Portus Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 59,793 shares of the company’s stock, valued at approximately $2,666,000. Invesco S&P 500 Equal Weight Technology ETF comprises about 2.7% of Portus Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Portus Wealth Advisors LLC owned 0.07% of Invesco S&P 500 Equal Weight Technology ETF at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Brighton Jones LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 4th quarter valued at about $238,000. Goldman Sachs Group Inc. grew its position in Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after acquiring an additional 296,259 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $3,490,000. Jane Street Group LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth approximately $1,096,000. Finally, Focus Partners Wealth increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 612.3% in the 1st quarter. Focus Partners Wealth now owns 7,486 shares of the company’s stock worth $256,000 after purchasing an additional 6,435 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

Shares of RSPT stock opened at $46.89 on Wednesday. The company has a market capitalization of $4.07 billion, a P/E ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a fifty-two week low of $28.52 and a fifty-two week high of $48.96. The stock has a 50 day moving average price of $46.89 and a two-hundred day moving average price of $45.59.

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.