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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) saw unusually large options trading activity on Wednesday. Traders acquired 88,772 put options on the company. This represents an increase of approximately 843% compared to the average volume of 9,415 put options.

Invesco S&P 500 Equal Weight ETF Stock Up 0.0 %

NYSEARCA:RSP traded up $0.01 during trading hours on Wednesday, hitting $180.14. 2,787,827 shares of the company traded hands, compared to its average volume of 6,055,621. The company has a market cap of $60.34 billion, a PE ratio of 20.44 and a beta of 0.90. The firm’s 50-day simple moving average is $182.15 and its 200-day simple moving average is $174.25. Invesco S&P 500 Equal Weight ETF has a one year low of $153.10 and a one year high of $188.16.

Institutional Trading of Invesco S&P 500 Equal Weight ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Destination Wealth Management increased its holdings in Invesco S&P 500 Equal Weight ETF by 5.1% during the second quarter. Destination Wealth Management now owns 1,996 shares of the company’s stock worth $328,000 after buying an additional 96 shares during the last quarter. Courage Miller Partners LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.6% during the 2nd quarter. Courage Miller Partners LLC now owns 46,896 shares of the company’s stock worth $7,704,000 after purchasing an additional 273 shares during the last quarter. Riversedge Advisors LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6.7% in the 3rd quarter. Riversedge Advisors LLC now owns 125,426 shares of the company’s stock worth $22,471,000 after purchasing an additional 7,883 shares during the period. Blue Trust Inc. lifted its stake in Invesco S&P 500 Equal Weight ETF by 39.6% in the third quarter. Blue Trust Inc. now owns 610 shares of the company’s stock valued at $100,000 after purchasing an additional 173 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its holdings in Invesco S&P 500 Equal Weight ETF by 17.5% during the second quarter. Brown Brothers Harriman & Co. now owns 40,260 shares of the company’s stock valued at $6,614,000 after purchasing an additional 6,001 shares during the period.

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).