Sequoia Financial Advisors LLC Purchases 12,070 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Sequoia Financial Advisors LLC grew its position in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 52.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 35,028 shares of the company’s stock after buying an additional 12,070 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $1,562,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. RMG Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the second quarter valued at approximately $55,241,000. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 160.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,451,125 shares of the company’s stock valued at $59,177,000 after purchasing an additional 893,554 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 467,582 shares of the company’s stock worth $15,991,000 after purchasing an additional 296,259 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 3,978.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 266,498 shares of the company’s stock worth $10,868,000 after purchasing an additional 259,963 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $3,490,000.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

Shares of NYSEARCA:RSPT opened at $47.70 on Friday. The company has a market cap of $4.15 billion, a P/E ratio of 26.94 and a beta of 1.26. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $28.52 and a 1 year high of $48.00. The stock’s fifty day moving average price is $45.79 and its 200-day moving average price is $44.09.

About Invesco S&P 500 Equal Weight Technology ETF

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.