Invesco S&P 500 Equal Weight ETF $RSP Shares Purchased by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,003 shares of the company’s stock after acquiring an additional 2,476 shares during the period. Invesco S&P 500 Equal Weight ETF makes up approximately 1.3% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Cherry Tree Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $6,322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mycio Wealth Partners LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 55.7% during the fourth quarter. Mycio Wealth Partners LLC now owns 6,290 shares of the company’s stock worth $1,205,000 after acquiring an additional 2,250 shares during the period. Basepoint Wealth LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $40,000. Rothschild Investment LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.5% during the fourth quarter. Rothschild Investment LLC now owns 44,678 shares of the company’s stock worth $8,559,000 after acquiring an additional 2,710 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P 500 Equal Weight ETF by 3.8% during 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 purchasing an additional 959,176 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its position in Invesco S&P 500 Equal Weight ETF by 2.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 114,866 shares of the company’s stock worth $22,004,000 after purchasing an additional 2,528 shares in the last quarter. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $208.83 on Friday. The business’s fifty day moving average is $199.81 and its two-hundred day moving average is $197.16. The company has a market cap of $90.09 billion, a price-to-earnings ratio of 20.10 and a beta of 0.92. Invesco S&P 500 Equal Weight ETF has a one year low of $174.27 and a one year high of $209.32.

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). 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.