Traders Buy High Volume of Invesco S&P 500 Equal Weight ETF Put Options (NYSEARCA:RSP)

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of unusually large options trading activity on Monday. Stock traders bought 38,999 put options on the company. This is an increase of approximately 121% compared to the typical volume of 17,612 put options.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $173.23 on Tuesday. The firm’s fifty day moving average is $178.21 and its two-hundred day moving average is $179.19. The firm has a market cap of $72.17 billion, a PE ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a twelve month low of $158.83 and a twelve month high of $188.16.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.8308 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of Invesco S&P 500 Equal Weight ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 30.6% in the 4th quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock valued at $1,751,149,000 after acquiring an additional 2,338,882 shares in the last quarter. Strategic Financial Concepts LLC grew its stake in Invesco S&P 500 Equal Weight ETF by 21,084.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. Texas Permanent School Fund Corp increased its position in shares of Invesco S&P 500 Equal Weight ETF by 318.5% during the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after purchasing an additional 6,211,920 shares during the last quarter. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 4,366,543 shares of the company’s stock worth $765,149,000 after purchasing an additional 275,904 shares in the last quarter. Finally, Temasek Holdings Private Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 4th quarter valued at approximately $720,730,000.

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).