Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Shares Down 0.3% – What’s Next?

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) dropped 0.3% on Tuesday . The company traded as low as $33.98 and last traded at $34.00. Approximately 6,142 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 13,725 shares. The stock had previously closed at $34.10.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

The company has a market capitalization of $68 million, a P/E ratio of 19.91 and a beta of 0.95. The firm has a fifty day moving average price of $33.16 and a 200-day moving average price of $31.54.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada bought a new position in Invesco ESG S&P 500 Equal Weight ETF in the 4th quarter valued at $36,000. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter valued at $222,000. Sepio Capital LP bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the 4th quarter worth $258,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the 4th quarter worth $305,000. Finally, Osaic Holdings Inc. raised its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 12.5% during the 4th quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock worth $322,000 after purchasing an additional 1,205 shares during the period.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.