Bearing Point Capital LLC Has $4.46 Million Stake in Invesco S&P 500 Equal Weight ETF $RSP

Bearing Point Capital LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 16.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,262 shares of the company’s stock after acquiring an additional 3,300 shares during the period. Bearing Point Capital LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $4,456,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in RSP. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 3.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,252,217 shares of the company’s stock worth $5,028,875,000 after acquiring an additional 959,176 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.3% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,579,650 shares of the company’s stock worth $685,718,000 after acquiring an additional 9,309 shares during the period. Varma Mutual Pension Insurance Co bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $327,184,000. HighTower Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 4.1% in the 4th quarter. HighTower Advisors LLC now owns 1,409,611 shares of the company’s stock worth $270,025,000 after acquiring an additional 55,250 shares during the period. Finally, Focus Partners Wealth lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 13.2% in the 3rd quarter. Focus Partners Wealth now owns 1,297,134 shares of the company’s stock worth $245,646,000 after acquiring an additional 150,899 shares during the period. Institutional investors and hedge funds own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Trading Up 0.3%

Shares of RSP stock opened at $208.83 on Friday. The stock has a 50 day moving average of $199.81 and a two-hundred day moving average of $197.16. Invesco S&P 500 Equal Weight ETF has a 12 month low of $174.27 and a 12 month high of $209.32. The company has a market capitalization of $90.09 billion, a P/E ratio of 20.10 and a beta of 0.92.

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.