Invesco S&P 500 Equal Weight ETF Sees Unusually Large Options Volume (NYSEARCA:RSP)

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the target of some unusual options trading activity on Monday. Stock traders acquired 12,795 call options on the company. This is an increase of approximately 14% compared to the average daily volume of 11,213 call options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 3.4% in the 4th quarter. Brighton Jones LLC now owns 7,516 shares of the company’s stock valued at $1,317,000 after buying an additional 246 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $83,931,000. Bison Wealth LLC raised its position in Invesco S&P 500 Equal Weight ETF by 25.8% during the fourth quarter. Bison Wealth LLC now owns 20,957 shares of the company’s stock worth $3,672,000 after acquiring an additional 4,295 shares in the last quarter. Sepio Capital LP lifted its stake in Invesco S&P 500 Equal Weight ETF by 23.2% in the first quarter. Sepio Capital LP now owns 83,908 shares of the company’s stock valued at $14,535,000 after acquiring an additional 15,799 shares during the last quarter. Finally, Uniplan Investment Counsel Inc. bought a new position in shares of Invesco S&P 500 Equal Weight ETF in the 1st quarter valued at about $26,000. 61.18% of the stock is owned by institutional investors and hedge funds.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA:RSP opened at $197.00 on Wednesday. The company’s 50-day moving average price is $190.32 and its two-hundred day moving average price is $187.95. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $197.25. The stock has a market capitalization of $77.28 billion, a PE ratio of 20.10 and a beta of 0.99.

About Invesco S&P 500 Equal Weight ETF

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.