Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Get Rating) saw unusually large options trading on Wednesday. Stock traders purchased 4,291 call options on the stock. This represents an increase of approximately 225% compared to the typical daily volume of 1,322 call options.
Invesco S&P 500 Equal Weight ETF Trading Down 0.5 %
NYSEARCA RSP opened at $144.20 on Thursday. The business’s 50 day moving average is $145.61 and its two-hundred day moving average is $142.75. Invesco S&P 500 Equal Weight ETF has a 12-month low of $124.92 and a 12-month high of $160.48. The stock has a market capitalization of $34.41 billion, a price-to-earnings ratio of 16.13 and a beta of 1.06.
Hedge Funds Weigh In On Invesco S&P 500 Equal Weight ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in RSP. Ironwood Wealth Management LLC. lifted its stake in Invesco S&P 500 Equal Weight ETF by 59.6% in the 1st quarter. Ironwood Wealth Management LLC. now owns 8,585 shares of the company’s stock valued at $1,354,000 after buying an additional 3,207 shares in the last quarter. BlackRock Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% during the first quarter. BlackRock Inc. now owns 170,508 shares of the company’s stock worth $26,891,000 after purchasing an additional 663 shares during the last quarter. Vontobel Holding Ltd. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 25.7% during the first quarter. Vontobel Holding Ltd. now owns 11,000 shares of the company’s stock worth $1,735,000 after purchasing an additional 2,250 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 46.5% in the first quarter. Baird Financial Group Inc. now owns 333,958 shares of the company’s stock worth $52,669,000 after acquiring an additional 105,955 shares during the last quarter. Finally, Mather Group LLC. increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 89.8% in the first quarter. Mather Group LLC. now owns 2,604 shares of the company’s stock valued at $411,000 after purchasing an additional 1,232 shares during the period.
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).
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