Invesco S&P 500 Equal Weight ETF $RSP Stock Acquired by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC boosted its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 76,713 shares of the company’s stock after purchasing an additional 4,717 shares during the period. Invesco S&P 500 Equal Weight ETF makes up about 3.8% of Walled Lake Planning & Wealth Management LLC’s holdings, making the stock its 8th largest holding. Walled Lake Planning & Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $15,958,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in RSP. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 25,370,060 shares of the company’s stock worth $4,869,022,000 after buying an additional 3,567,441 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in Invesco S&P 500 Equal Weight ETF in the second quarter valued at $400,736,000. Clal Insurance Enterprises Holdings Ltd grew its position in Invesco S&P 500 Equal Weight ETF by 3.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,660,000 shares of the company’s stock valued at $318,587,000 after acquiring an additional 60,000 shares during the period. Trust Co of Tennessee grew its position in Invesco S&P 500 Equal Weight ETF by 1.3% during the third quarter. Trust Co of Tennessee now owns 1,000,351 shares of the company’s stock valued at $208,091,000 after acquiring an additional 12,435 shares during the period. Finally, Eastern Bank increased its stake in Invesco S&P 500 Equal Weight ETF by 52.2% during the second quarter. Eastern Bank now owns 731,262 shares of the company’s stock worth $155,591,000 after acquiring an additional 250,756 shares during the last quarter. Hedge funds and other institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $218.31 on Monday. Invesco S&P 500 Equal Weight ETF has a 52-week low of $182.11 and a 52-week high of $223.43. The company has a 50 day moving average of $215.05 and a two-hundred day moving average of $207.75. The company has a market cap of $100.24 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.