Sage Capital Advisors llc Invests $6.31 Million in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Sage Capital Advisors llc bought a new position in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 97,770 shares of the company’s stock, valued at approximately $6,306,000. Invesco S&P 500 Equal Weight Technology ETF comprises 1.3% of Sage Capital Advisors llc’s investment portfolio, making the stock its 26th biggest position.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 26.7% in 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 during the period. Wells Fargo & Company MN grew its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.4% during the 4th quarter. Wells Fargo & Company MN now owns 2,746,577 shares of the company’s stock worth $124,997,000 after purchasing an additional 141,025 shares during the period. RMG Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $66,437,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock valued at $58,167,000 after purchasing an additional 28,061 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% during the 2nd quarter. Captrust Financial Advisors now owns 796,681 shares of the company’s stock valued at $32,489,000 after purchasing an additional 6,562 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT opened at $64.57 on Tuesday. The firm has a fifty day moving average price of $62.24 and a 200 day moving average price of $54.46. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $40.35 and a 1 year high of $67.49. The stock has a market cap of $5.86 billion, a P/E ratio of 26.94 and a beta of 1.33.

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.