Wilbanks Smith & Thomas Asset Management LLC Takes Position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)

Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 139,353 shares of the company’s stock, valued at approximately $23,704,000. Invesco S&P 500 Equal Weight Technology ETF comprises about 1.5% of Wilbanks Smith & Thomas Asset Management LLC’s portfolio, making the stock its 14th largest position. Wilbanks Smith & Thomas Asset Management LLC owned 1.37% of Invesco S&P 500 Equal Weight Technology ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Joseph P. Lucia & Associates LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter worth approximately $17,980,000. Raymond James & Associates lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 12.6% during the 1st quarter. Raymond James & Associates now owns 205,421 shares of the company’s stock worth $34,942,000 after buying an additional 22,913 shares during the period. American Financial Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter worth approximately $8,030,000. Tradewinds Capital Management LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $9,262,000. Finally, Baltimore Washington Financial Advisors Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 8.5% during the 1st quarter. Baltimore Washington Financial Advisors Inc. now owns 43,220 shares of the company’s stock worth $7,351,000 after buying an additional 3,401 shares during the period.

Shares of RYT opened at $177.42 on Friday. The company has a fifty day simple moving average of $169.90. Invesco S&P 500 Equal Weight Technology ETF has a 52-week low of $131.15 and a 52-week high of $182.63.

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Institutional Ownership by Quarter for Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RYT)

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