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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) saw unusually large options trading activity on Tuesday. Stock traders acquired 29,080 call options on the stock. This is an increase of approximately 136% compared to the average daily volume of 12,326 call options.

Invesco S&P 500 Equal Weight ETF Stock Performance

RSP opened at $199.66 on Wednesday. The company has a 50-day moving average of $197.96 and a 200-day moving average of $194.02. The company has a market capitalization of $87.75 billion, a P/E ratio of 20.10 and a beta of 0.94. Invesco S&P 500 Equal Weight ETF has a 1-year low of $157.71 and a 1-year high of $205.24.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NBZ Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $26,000. Aviso Financial Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $28,000. Nalls Sherbakoff Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $29,000. Finally, Tompkins Financial Corp bought a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $32,000. Institutional investors own 61.18% of the company’s stock.

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). The Index utilizes quarterly rebalancing to maintain its equal-weight stance. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.