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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of unusually large options trading activity on Monday. Traders acquired 89,522 put options on the stock. This represents an increase of approximately 1,141% compared to the typical volume of 7,216 put options.

Invesco S&P 500 Equal Weight ETF Trading Up 0.0 %

Shares of NYSEARCA:RSP opened at $187.23 on Wednesday. The stock has a market cap of $62.71 billion, a P/E ratio of 20.44 and a beta of 0.90. Invesco S&P 500 Equal Weight ETF has a 12 month low of $146.09 and a 12 month high of $187.99. The company has a 50 day moving average of $180.09 and a 200 day moving average of $172.30.

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

Hedge funds have recently added to or reduced their stakes in the company. Destination Wealth Management grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.1% during the 2nd quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after acquiring an additional 96 shares during the period. Courage Miller Partners LLC increased its position in Invesco S&P 500 Equal Weight ETF by 0.6% during the second quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock valued at $7,704,000 after acquiring an additional 273 shares during the last quarter. Riversedge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the third quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after buying an additional 7,883 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight ETF by 39.6% during the 3rd quarter. Blue Trust Inc. now owns 610 shares of the company’s stock worth $100,000 after acquiring an additional 173 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after purchasing an additional 6,001 shares in the last quarter.

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).