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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) saw some unusual options trading on Friday. Traders acquired 16,617 put options on the company. Thisisanincreaseofapproximately99% compared to the typical daily volume of 8,341 put options.

Institutional Trading of Invesco S&P 500 Equal Weight ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in RSP. Goldman Sachs Group Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 219.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after buying an additional 6,254,609 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in 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 valued at $1,430,306,000 after buying an additional 6,211,920 shares in the last quarter. Temasek Holdings Private Ltd purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $720,730,000. Japan Science & Technology Agency purchased a new position in Invesco S&P 500 Equal Weight ETF during the 1st quarter valued at approximately $656,908,000. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new position in Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at approximately $620,875,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Up 0.2%

NYSEARCA RSP opened at $183.08 on Friday. The stock’s 50-day moving average price is $182.03 and its 200-day moving average price is $176.63. Invesco S&P 500 Equal Weight ETF has a 52 week low of $150.35 and a 52 week high of $188.16. The company has a market capitalization of $73.49 billion, a P/E ratio of 20.10 and a beta of 1.05.

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).