Orographic Financial Advisors LLC Purchases New Shares in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Orographic Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 1st quarter, Holdings Channel.com reports. The fund purchased 12,756 shares of the company’s stock, valued at approximately $577,000.

Other institutional investors have also recently added to or reduced their stakes in the company. RMG Wealth Management LLC purchased a new position in Invesco S&P 500 Equal Weight Technology ETF in the 1st quarter valued at about $66,437,000. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 26.7% during the first quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after acquiring an additional 1,102,277 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 172.9% during the first 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. Chicago Wealth Management Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $9,848,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter worth about $8,607,000.

Invesco S&P 500 Equal Weight Technology ETF Stock Performance

NYSEARCA:RSPT opened at $60.08 on Friday. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 26.94 and a beta of 1.33. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $40.29 and a one year high of $67.49. The business’s 50-day simple moving average is $62.17 and its 200 day simple moving average is $53.65.

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.