Lee Danner & Bass Inc. Invests $116,000 in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Lee Danner & Bass Inc. bought a new position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 662 shares of the company’s stock, valued at approximately $116,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Strategic Financial Concepts LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares during the period. Keybank National Association OH lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.5% in the fourth quarter. Keybank National Association OH now owns 3,936,591 shares of the company’s stock valued at $689,809,000 after purchasing an additional 94,658 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,438,000 shares of the company’s stock valued at $436,792,000 after purchasing an additional 98,000 shares during the period. Citigroup Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 10.6% in the third quarter. Citigroup Inc. now owns 2,082,326 shares of the company’s stock valued at $373,069,000 after purchasing an additional 198,793 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,560,883 shares of the company’s stock valued at $273,513,000 after purchasing an additional 7,532 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Down 0.5 %

Shares of NYSEARCA RSP opened at $173.84 on Friday. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week 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 stock has a market capitalization 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).