Walled Lake Planning & Wealth Management LLC Trims Stock Position in Invesco S&P 500 Equal Weight Technology ETF $RSPT

Walled Lake Planning & Wealth Management LLC cut its stake in Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) by 34.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 128,256 shares of the company’s stock after selling 66,816 shares during the quarter. Invesco S&P 500 Equal Weight Technology ETF comprises about 1.7% of Walled Lake Planning & Wealth Management LLC’s holdings, making the stock its 17th biggest holding. Walled Lake Planning & Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight Technology ETF were worth $5,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of RSPT. Astoria Portfolio Advisors LLC. boosted its stake in shares of Invesco S&P 500 Equal Weight Technology ETF by 0.8% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 25,877 shares of the company’s stock valued at $1,171,000 after purchasing an additional 199 shares in the last quarter. Kovack Advisors Inc. raised its stake in Invesco S&P 500 Equal Weight Technology ETF by 1.3% in the fourth quarter. Kovack Advisors Inc. now owns 17,222 shares of the company’s stock worth $784,000 after buying an additional 225 shares in the last quarter. Valicenti Advisory Services Inc. lifted its holdings in Invesco S&P 500 Equal Weight Technology ETF by 0.4% in the fourth quarter. Valicenti Advisory Services Inc. now owns 56,125 shares of the company’s stock worth $2,554,000 after buying an additional 249 shares during the period. Summit Financial LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 5.1% during the 4th quarter. Summit Financial LLC now owns 5,831 shares of the company’s stock valued at $265,000 after acquiring an additional 281 shares in the last quarter. Finally, Signaturefd LLC boosted its position in Invesco S&P 500 Equal Weight Technology ETF by 12.7% during the 4th quarter. Signaturefd LLC now owns 2,676 shares of the company’s stock valued at $122,000 after acquiring an additional 301 shares in the last quarter.

Invesco S&P 500 Equal Weight Technology ETF Trading Down 0.4%

Shares of RSPT stock traded down $0.23 during midday trading on Friday, reaching $62.81. 840,995 shares of the stock were exchanged, compared to its average volume of 500,893. Invesco S&P 500 Equal Weight Technology ETF has a 1 year low of $40.28 and a 1 year high of $67.49. The firm has a market cap of $5.72 billion, a PE ratio of 26.94 and a beta of 1.33. The company’s 50 day moving average is $61.45 and its two-hundred day moving average is $52.26.

About Invesco S&P 500 Equal Weight Technology ETF

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.