Sax Wealth Advisors LLC Sells 15,660 Shares of Invesco S&P 500 Equal Weight Technology ETF $RSPT

Sax Wealth Advisors LLC lessened its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 54.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,987 shares of the company’s stock after selling 15,660 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $838,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Invesco S&P 500 Equal Weight Technology ETF by 26.7% in the 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock worth $236,711,000 after purchasing an additional 1,102,277 shares during the period. Wells Fargo & Company MN raised its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 5.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,746,577 shares of the company’s stock valued at $124,997,000 after buying an additional 141,025 shares during the last quarter. RMG Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Technology ETF in the first quarter worth $66,437,000. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 2.0% in the second quarter. Raymond James Financial Inc. now owns 1,426,364 shares of the company’s stock worth $58,167,000 after buying an additional 28,061 shares in the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% during the second quarter. Captrust Financial Advisors now owns 796,681 shares of the company’s stock worth $32,489,000 after acquiring an additional 6,562 shares during the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.1%

Shares of RSPT stock opened at $64.57 on Tuesday. The stock has a market capitalization of $5.86 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 12-month low of $40.35 and a 12-month high of $67.49. The stock’s 50-day moving average price is $62.24 and its 200-day moving average price is $54.46.

Invesco S&P 500 Equal Weight Technology ETF Profile

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.