Lee Danner & Bass Inc. Buys Shares of 662 Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lee Danner & Bass Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the fourth quarter, HoldingsChannel reports. The fund purchased 662 shares of the company’s stock, valued at approximately $116,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Loudon Investment Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 59.8% during the fourth quarter. Loudon Investment Management LLC now owns 2,053 shares of the company’s stock worth $360,000 after buying an additional 768 shares in the last quarter. Kiker Wealth Management LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $55,000. Whittier Trust Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 6.0% in the fourth quarter. Whittier Trust Co. now owns 10,593 shares of the company’s stock valued at $1,856,000 after purchasing an additional 596 shares during the period. BluePointe Capital Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 15.7% in the fourth quarter. BluePointe Capital Management LLC now owns 12,907 shares of the company’s stock valued at $2,262,000 after purchasing an additional 1,756 shares during the period. Finally, Northwest & Ethical Investments L.P. grew its holdings in Invesco S&P 500 Equal Weight ETF by 239.4% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 140,492 shares of the company’s stock valued at $24,618,000 after purchasing an additional 99,092 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Invesco S&P 500 Equal Weight ETF stock opened at $173.84 on Friday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $158.83 and a 1 year high of $188.16. The firm has a 50 day moving average price of $178.66 and a 200 day moving average price of $179.03. The company has a market cap of $72.42 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07.

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).