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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 18,776 call options on the stock. This is an increase of 60% compared to the average volume of 11,750 call options.

Institutional Trading of Invesco S&P 500 Equal Weight ETF

Large investors have recently made changes to their positions in the business. Ironwood Wealth Management LLC. grew its position in Invesco S&P 500 Equal Weight ETF by 10.5% in the second quarter. Ironwood Wealth Management LLC. now owns 24,282 shares of the company’s stock worth $3,989,000 after acquiring an additional 2,317 shares in the last quarter. Signature Estate & Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 2nd quarter valued at approximately $361,000. Riversedge Advisors LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 12.1% in the 2nd quarter. Riversedge Advisors LLC now owns 117,543 shares of the company’s stock worth $19,310,000 after purchasing an additional 12,647 shares during the period. Zimmermann Investment Management & Planning LLC increased its position in shares of Invesco S&P 500 Equal Weight ETF by 23.4% during the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 1,759 shares of the company’s stock valued at $289,000 after purchasing an additional 334 shares during the last quarter. Finally, Legend Financial Advisors Inc. raised its holdings in Invesco S&P 500 Equal Weight ETF by 11.2% during the 2nd quarter. Legend Financial Advisors Inc. now owns 983 shares of the company’s stock valued at $161,000 after buying an additional 99 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of RSP opened at $177.61 on Thursday. Invesco S&P 500 Equal Weight ETF has a fifty-two week low of $153.10 and a fifty-two week high of $188.16. The company’s fifty day moving average is $181.77 and its 200 day moving average is $174.64. The stock has a market capitalization of $59.49 billion, a PE ratio of 20.44 and a beta of 0.90.

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).