Walled Lake Planning & Wealth Management LLC Has $7.80 Million Stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT)

Walled Lake Planning & Wealth Management LLC decreased its stake in shares of Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 1.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 208,461 shares of the company’s stock after selling 2,193 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF accounts for about 2.9% 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 Technology ETF were worth $7,801,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of RSPT. Ausdal Financial Partners Inc. purchased a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 4th quarter valued at about $609,000. PKS Advisory Services LLC bought a new position in Invesco S&P 500 Equal Weight Technology ETF during the fourth quarter valued at approximately $357,000. Congress Wealth Management LLC DE boosted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 51.0% in the fourth quarter. Congress Wealth Management LLC DE now owns 9,710 shares of the company’s stock worth $363,000 after purchasing an additional 3,280 shares during the last quarter. FCA Corp TX raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.7% during the 4th quarter. FCA Corp TX now owns 24,441 shares of the company’s stock valued at $915,000 after buying an additional 411 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Technology ETF by 13.7% during the 4th quarter. LPL Financial LLC now owns 1,618,579 shares of the company’s stock valued at $60,567,000 after buying an additional 195,612 shares during the period.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

RSPT stock opened at $34.23 on Friday. The company has a market cap of $3.08 billion, a P/E ratio of 27.21 and a beta of 1.19. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $32.03 and a 1 year high of $40.50. The stock’s fifty day moving average price is $37.50 and its 200-day moving average price is $37.78.

Invesco S&P 500 Equal Weight Technology ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.0441 per share. This is an increase from Invesco S&P 500 Equal Weight Technology ETF’s previous dividend of $0.04. The ex-dividend date was Monday, March 24th.

Invesco S&P 500 Equal Weight Technology ETF Company 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.