Lake Hills Wealth Management LLC Has $4.94 Million Stock Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lake Hills Wealth Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,196 shares of the company’s stock after buying an additional 1,789 shares during the quarter. Invesco S&P 500 Equal Weight ETF makes up 3.4% of Lake Hills Wealth Management LLC’s portfolio, making the stock its 12th largest position. Lake Hills Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,941,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 855.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,539,639 shares of the company’s stock valued at $3,379,816,000 after acquiring an additional 18,390,083 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in Invesco S&P 500 Equal Weight ETF by 174.6% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,340,000 shares of the company’s stock worth $384,415,000 after buying an additional 1,488,000 shares during the last quarter. SPX Gestao de Recursos Ltda lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 1,502.5% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 895,000 shares of the company’s stock worth $160,348,000 after buying an additional 839,150 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 2,274.4% in the 3rd quarter. Penserra Capital Management LLC now owns 486,095 shares of the company’s stock valued at $87,088,000 after buying an additional 465,623 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth approximately $63,354,000.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $181.49 on Thursday. The firm has a market cap of $60.79 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 52-week low of $155.79 and a 52-week high of $188.16. The business’s fifty day moving average is $180.41 and its 200-day moving average is $176.37.

Invesco S&P 500 Equal Weight ETF Company 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).