Invesco S&P 500 Equal Weight ETF Target of Unusually Large Options Trading (NYSEARCA:RSP)

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 88,772 put options on the company. This represents an increase of 843% compared to the average volume of 9,415 put options.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. CPA Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% during the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock worth $248,000 after acquiring an additional 62 shares during the period. Inlet Private Wealth LLC grew its stake in shares of Invesco S&P 500 Equal Weight ETF by 2.2% during the third quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the period. Delta Investment Management LLC increased its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% in the second 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 last quarter. America First Investment Advisors LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 2.6% in the second quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock valued at $428,000 after buying an additional 66 shares during the period. Finally, Founders Financial Alliance LLC boosted its holdings 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 last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA:RSP opened at $174.80 on Thursday. The business has a fifty day moving average of $182.07 and a 200-day moving average of $174.25. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16. The firm has a market cap of $58.55 billion, a PE ratio of 20.44 and a beta of 0.90.

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).