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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the target of unusually large options trading activity on Monday. Stock investors bought 89,522 put options on the company. This represents an increase of 1,141% compared to the typical daily volume of 7,216 put options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Eastern Bank acquired a new stake in Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at approximately $28,000. Richardson Financial Services Inc. lifted its position in Invesco S&P 500 Equal Weight ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. GHP Investment Advisors Inc. boosted its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Equal Weight ETF in the third quarter valued at $29,000. Finally, DHJJ Financial Advisors Ltd. grew its position in Invesco S&P 500 Equal Weight ETF by 107.5% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 193 shares of the company’s stock worth $32,000 after purchasing an additional 100 shares during the period.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $187.21 on Tuesday. Invesco S&P 500 Equal Weight ETF has a 1 year low of $146.09 and a 1 year high of $187.99. The stock has a market cap of $62.70 billion, a price-to-earnings ratio of 20.44 and a beta of 0.90. The firm’s 50-day moving average is $179.88 and its two-hundred day moving average is $172.15.

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).