SVB Wealth LLC cut its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT – Get Rating) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 962 shares of the company’s stock after selling 78 shares during the period. SVB Wealth LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of RYT. Arete Wealth Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $19,184,451,010,000. Prudential Financial Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 1,167.0% in the first quarter. Prudential Financial Inc. now owns 75,172 shares of the company’s stock worth $21,736,000 after purchasing an additional 69,239 shares in the last quarter. WMS Partners LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the fourth quarter worth $6,408,000. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 28.5% in the fourth quarter. LPL Financial LLC now owns 109,525 shares of the company’s stock worth $26,612,000 after purchasing an additional 24,295 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 14.4% in the first quarter. UBS Group AG now owns 166,875 shares of the company’s stock worth $48,250,000 after purchasing an additional 20,974 shares in the last quarter.
Invesco S&P 500 Equal Weight Technology ETF Price Performance
Shares of NYSEARCA RYT opened at $281.87 on Friday. The firm has a fifty day moving average price of $265.77 and a 200-day moving average price of $260.99. The stock has a market cap of $2.67 billion, a PE ratio of 17.16 and a beta of 1.18. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $213.47 and a 1 year high of $283.21.
Invesco S&P 500 Equal Weight Technology ETF Profile
The Invesco S&P 500 Equal Weight Technology ETF (RYT) 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. RYT was launched on Nov 1, 2006 and is managed by Invesco.
Further Reading
- Get a free copy of the StockNews.com research report on Invesco S&P 500 Equal Weight Technology ETF (RYT)
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