Invesco S&P 500 Equal Weight ETF $RSP is Walled Lake Planning & Wealth Management LLC’s 9th Largest Position

Walled Lake Planning & Wealth Management LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 11.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 68,058 shares of the company’s stock after acquiring an additional 7,024 shares during the period. Invesco S&P 500 Equal Weight ETF accounts for 3.8% of Walled Lake Planning & Wealth Management LLC’s holdings, making the stock its 9th biggest position. Walled Lake Planning & Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $13,062,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Dorato Capital Management purchased a new position in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at $26,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth about $29,000. Hurley Capital LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 200.0% in the 4th quarter. Hurley Capital LLC now owns 177 shares of the company’s stock valued at $34,000 after acquiring an additional 118 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at about $40,000. Finally, Raleigh Capital Management Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $42,000. 61.18% of the stock is currently owned by hedge funds and other institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Performance

NYSEARCA:RSP traded up $0.80 during mid-day trading on Friday, hitting $214.30. 5,539,473 shares of the company’s stock traded hands, compared to its average volume of 14,463,745. The company has a market cap of $95.63 billion, a PE ratio of 20.10 and a beta of 0.91. The firm’s 50 day simple moving average is $208.58 and its 200 day simple moving average is $201.64. Invesco S&P 500 Equal Weight ETF has a 1 year low of $179.94 and a 1 year high of $216.37.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.