Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) Sets New 12-Month High – Here’s What Happened

Posted by Jessica Moore on Nov 8th, 2024

Shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP – Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $183.23 and last traded at $182.90, with a volume of 396526 shares. The stock had previously closed at $178.67.

Invesco S&P 500 Equal Weight ETF Price Performance

The stock has a market cap of $61.66 billion, a P/E ratio of 20.44 and a beta of 0.90. The business’s fifty day moving average price is $177.68 and its 200 day moving average price is $170.47.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. CPA Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 4.7% in the 3rd quarter. CPA Asset Management LLC now owns 1,386 shares of the company’s stock valued at $248,000 after buying an additional 62 shares during the last quarter. Inlet Private Wealth LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.2% during the 3rd quarter. Inlet Private Wealth LLC now owns 2,867 shares of the company’s stock worth $514,000 after purchasing an additional 63 shares during the last quarter. Delta Investment Management LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 0.4% during the 2nd quarter. Delta Investment Management LLC now owns 15,845 shares of the company’s stock worth $2,603,000 after purchasing an additional 65 shares during the last quarter. America First Investment Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 2.6% during the 2nd quarter. America First Investment Advisors LLC now owns 2,607 shares of the company’s stock worth $428,000 after purchasing an additional 66 shares during the last quarter. Finally, Opal Wealth Advisors LLC raised its holdings in Invesco S&P 500 Equal Weight ETF by 1.6% during the 2nd quarter. Opal Wealth Advisors LLC now owns 4,353 shares of the company’s stock worth $715,000 after purchasing an additional 67 shares during the last quarter.

About Invesco S&P 500 Equal Weight ETF

(Get Free Report)

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).