Walled Lake Planning & Wealth Management LLC Purchases 7,024 Shares of Invesco S&P 500 Equal Weight ETF $RSP

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, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,058 shares of the company’s stock after purchasing an additional 7,024 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 3.8% of Walled Lake Planning & Wealth Management LLC’s portfolio, making the stock its 9th largest 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.

A number of other hedge funds have also recently added to or reduced their stakes in RSP. Morgan Stanley lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 7.9% in the 4th quarter. Morgan Stanley now owns 31,346,217 shares of the company’s stock valued at $6,004,682,000 after buying an additional 2,285,526 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P 500 Equal Weight ETF by 3.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after acquiring an additional 959,176 shares in the last quarter. Invesco Ltd. raised its position in Invesco S&P 500 Equal Weight ETF by 4.6% in the fourth quarter. Invesco Ltd. now owns 10,144,784 shares of the company’s stock worth $1,943,335,000 after acquiring an additional 444,846 shares in the last quarter. State of Wisconsin Investment Board lifted its holdings in Invesco S&P 500 Equal Weight ETF by 14.3% in the fourth quarter. State of Wisconsin Investment Board now owns 8,485,519 shares of the company’s stock valued at $1,625,486,000 after acquiring an additional 1,060,181 shares during the period. Finally, LPL Financial LLC lifted its holdings in Invesco S&P 500 Equal Weight ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 5,486,948 shares of the company’s stock valued at $1,051,080,000 after acquiring an additional 362,412 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

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

About Invesco S&P 500 Equal Weight ETF

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.