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 unusually large options trading on Tuesday. Traders acquired 18,776 call options on the company. This is an increase of approximately 60% compared to the typical daily volume of 11,750 call options.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $177.61 on Wednesday. The business has a 50-day simple moving average of $181.82 and a 200-day simple moving average of $174.55. The company has a market cap of $59.49 billion, a PE ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight ETF

Institutional investors have recently modified their holdings of the company. CPA Asset Management LLC lifted its position in Invesco S&P 500 Equal Weight ETF by 4.7% in the third quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after acquiring an additional 62 shares during the last quarter. Inlet Private Wealth LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 2.2% in the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock valued at $514,000 after purchasing an additional 63 shares during the last quarter. Delta Investment Management LLC boosted its position in shares of Invesco S&P 500 Equal Weight ETF by 0.4% in the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock valued at $2,603,000 after purchasing an additional 65 shares during the period. America First Investment Advisors LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 2.6% during the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after buying an additional 66 shares during the last quarter. Finally, Founders Financial Alliance LLC increased its position in Invesco S&P 500 Equal Weight ETF by 2.4% during the second quarter. Founders Financial Alliance LLC now owns 2,852 shares of the company’s stock worth $469,000 after buying an additional 67 shares during the period.

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).