Bear Mountain Capital Inc. Acquires Shares of 1,059 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Bear Mountain Capital Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,059 shares of the company’s stock, valued at approximately $164,000.

A number of other institutional investors have also modified their holdings of RSP. Moneta Group Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 104,839.6% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,956,524 shares of the company’s stock valued at $1,123,859,000 after buying an additional 7,948,942 shares during the last quarter. Morgan Stanley raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 12.8% during the 3rd quarter. Morgan Stanley now owns 18,941,150 shares of the company’s stock valued at $2,683,772,000 after buying an additional 2,153,993 shares during the last quarter. Citigroup Inc. raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 275.0% during the 3rd quarter. Citigroup Inc. now owns 2,278,078 shares of the company’s stock valued at $322,781,000 after buying an additional 1,670,580 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 70.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,732,901 shares of the company’s stock valued at $528,915,000 after buying an additional 1,545,894 shares during the last quarter. Finally, Chai Trust Co. LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 926.0% during the 3rd quarter. Chai Trust Co. LLC now owns 1,705,786 shares of the company’s stock valued at $241,693,000 after buying an additional 1,539,527 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock traded down $2.61 on Friday, hitting $161.98. The company’s stock had a trading volume of 6,567,609 shares, compared to its average volume of 6,586,598. Invesco S&P 500 Equal Weight ETF has a 1 year low of $133.34 and a 1 year high of $169.80. The firm has a fifty day moving average price of $163.67 and a 200-day moving average price of $153.70. The company has a market capitalization of $45.79 billion, a price-to-earnings ratio of 16.13 and a beta of 1.05.

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).