Briaud Financial Planning Inc Acquires New Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Briaud Financial Planning Inc bought a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,676 shares of the company’s stock, valued at approximately $300,000. Invesco S&P 500 Equal Weight ETF comprises 0.2% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 19th biggest position.

Several other hedge funds have also bought and sold shares of the stock. Eastern Bank bought a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Richardson Financial Services Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after buying an additional 83 shares in the last quarter. GHP Investment Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% during the 3rd quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 107.5% in the second quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Creekmur Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 86.5% in the first quarter. Creekmur Asset Management LLC now owns 194 shares of the company’s stock valued at $33,000 after purchasing an additional 90 shares in the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $181.18 on Wednesday. The firm has a market cap of $60.68 billion, a PE ratio of 20.44 and a beta of 0.90. The firm has a fifty day moving average price of $179.05 and a 200 day moving average price of $171.59. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $144.83 and a fifty-two week high of $185.79.

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).