Sequoia Financial Advisors LLC Buys 6,900 Shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Sequoia Financial Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 72.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,408 shares of the company’s stock after acquiring an additional 6,900 shares during the period. Sequoia Financial Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $619,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Venture Visionary Partners LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 10.1% during the third quarter. Venture Visionary Partners LLC now owns 125,981 shares of the company’s stock worth $4,750,000 after buying an additional 11,553 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $38,000. Pure Portfolios Holdings LLC bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth approximately $465,000. Raymond James & Associates lifted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 18.4% in the third quarter. Raymond James & Associates now owns 423,904 shares of the company’s stock worth $15,981,000 after purchasing an additional 66,023 shares in the last quarter. Finally, Friedenthal Financial boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 1.2% during the third quarter. Friedenthal Financial now owns 43,528 shares of the company’s stock worth $1,641,000 after purchasing an additional 529 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Up 0.5 %

Shares of RSPT stock opened at $37.57 on Friday. The firm’s fifty day moving average price is $37.06 and its two-hundred day moving average price is $35.97. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $26.09 and a 1 year high of $38.90. The firm has a market capitalization of $4.26 billion, a P/E ratio of 25.99 and a beta of 1.69.

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.