Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Stake Boosted by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC increased its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 36.0% in the fourth quarter, HoldingsChannel reports. The firm owned 14,396 shares of the company’s stock after acquiring an additional 3,814 shares during the period. Cherry Tree Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $2,272,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in Invesco S&P 500 Equal Weight ETF by 12.8% in the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock worth $2,683,772,000 after buying an additional 2,153,993 shares in the last quarter. Chai Trust Co. LLC grew its position in Invesco S&P 500 Equal Weight ETF by 926.0% during the third quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock worth $241,693,000 after buying an additional 1,539,527 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 53.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,120,094 shares of the company’s stock worth $449,410,000 after purchasing an additional 1,082,620 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at $165,805,000. Finally, UBS Group AG lifted its stake in Invesco S&P 500 Equal Weight ETF by 17.4% during the third quarter. UBS Group AG now owns 5,948,672 shares of the company’s stock worth $842,867,000 after purchasing an additional 880,506 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP traded down $0.07 on Wednesday, hitting $164.43. The stock had a trading volume of 3,345,805 shares, compared to its average volume of 6,522,021. Invesco S&P 500 Equal Weight ETF has a twelve month low of $133.34 and a twelve month high of $169.80. The firm’s 50 day moving average price is $164.35 and its 200-day moving average price is $156.32. The company has a market capitalization of $55.07 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90.

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).