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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) saw some unusual options trading on Monday. Stock investors acquired 41,078 put options on the company. This is an increase of approximately 156% compared to the typical daily volume of 16,072 put options.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP stock opened at $174.20 on Tuesday. The firm has a 50-day simple moving average of $179.06 and a two-hundred day simple moving average of $179.19. Invesco S&P 500 Equal Weight ETF has a one year low of $158.83 and a one year high of $188.16. The firm has a market cap of $72.41 billion, a price-to-earnings ratio of 21.37 and a beta of 1.07.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of RSP. SJS Investment Consulting Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 157.1% in the fourth quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock worth $25,000 after acquiring an additional 88 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Invesco S&P 500 Equal Weight ETF by 105.4% in the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after purchasing an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new stake in Invesco S&P 500 Equal Weight ETF in the 4th quarter worth approximately $28,000. Cambridge Financial Group Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the 4th quarter worth approximately $28,000. Finally, Truvestments Capital LLC acquired a new position in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $29,000.

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).