Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Get Free Report) was the target of unusually large options trading activity on Thursday. Stock traders bought 37,033 call options on the company. This represents an increase of 227% compared to the typical daily volume of 11,328 call options.
Invesco S&P 500 Equal Weight ETF Stock Performance
Shares of NYSEARCA:RSP opened at $193.41 on Friday. The stock has a market capitalization of $74.81 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $195.47. The company has a 50 day moving average price of $189.04 and a 200 day moving average price of $185.98.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Nova Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the second quarter worth $25,000. Uniplan Investment Counsel Inc. purchased a new position in Invesco S&P 500 Equal Weight ETF in the 1st quarter worth about $26,000. NBZ Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth about $26,000. Aviso Financial Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth about $28,000. Finally, Investment Counsel Co. of Nevada purchased a new stake in Invesco S&P 500 Equal Weight ETF during the second quarter valued at about $29,000. Institutional investors and hedge funds own 61.18% of the company’s stock.
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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