Arrowpoint Investment Partners Singapore Pte. Ltd. Makes New $32.27 Million Investment in Invesco S&P 500 Equal Weight ETF $RSP

Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, Holdings Channel reports. The fund acquired 168,436 shares of the company’s stock, valued at approximately $32,266,000. Invesco S&P 500 Equal Weight ETF comprises about 4.8% of Arrowpoint Investment Partners Singapore Pte. Ltd.’s investment portfolio, making the stock its 8th largest holding.

Several other large investors also recently added to or reduced their stakes in RSP. Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $5,028,875,000 after buying an additional 959,176 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.3% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock valued at $685,718,000 after buying an additional 9,309 shares during the period. Varma Mutual Pension Insurance Co purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $327,184,000. BW Gestao de Investimentos Ltda. purchased a new position in Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at approximately $287,168,000. Finally, HighTower Advisors LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 4.1% during the fourth quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock valued at $270,025,000 after buying an additional 55,250 shares during the period. 61.18% of the stock is owned by institutional investors.

Invesco S&P 500 Equal Weight ETF Stock Up 0.8%

Shares of RSP opened at $210.83 on Friday. The company has a market cap of $90.95 billion, a price-to-earnings ratio of 20.10 and a beta of 0.91. Invesco S&P 500 Equal Weight ETF has a twelve month low of $175.98 and a twelve month high of $210.95. The company has a 50 day moving average of $201.24 and a two-hundred day moving average of $197.81.

About Invesco S&P 500 Equal Weight ETF

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.