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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the target of some unusual options trading on Wednesday. Stock investors purchased 21,457 call options on the company. This represents an increase of 93% compared to the average volume of 11,114 call options.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the second quarter valued at about $25,000. Uniplan Investment Counsel Inc. bought a new position in Invesco S&P 500 Equal Weight ETF in the first quarter worth approximately $26,000. NBZ Investment Advisors LLC bought a new position in Invesco S&P 500 Equal Weight ETF in the third quarter worth approximately $26,000. Aviso Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight ETF during the third quarter worth $28,000. Finally, Investment Counsel Co. of Nevada bought a new stake in Invesco S&P 500 Equal Weight ETF during the 2nd quarter valued at $29,000. Institutional investors own 61.18% of the company’s stock.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight ETF stock opened at $190.50 on Thursday. The stock has a market cap of $73.69 billion, a price-to-earnings ratio of 20.10 and a beta of 0.99. The stock has a 50 day moving average price of $188.45 and a 200-day moving average price of $184.83. Invesco S&P 500 Equal Weight ETF has a one year low of $150.35 and a one year high of $192.33.

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).