Stock Traders Buy High Volume of Invesco S&P 500 Equal Weight ETF Call Options (NYSEARCA:RSP)

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of unusually large options trading on Monday. Investors bought 22,351 call options on the stock. This is an increase of approximately 115% compared to the average volume of 10,413 call options.

Invesco S&P 500 Equal Weight ETF Price Performance

RSP opened at $182.05 on Wednesday. The business has a 50 day moving average price of $179.02 and a two-hundred day moving average price of $175.65. The company has a market capitalization of $73.10 billion, a price-to-earnings ratio of 20.10 and a beta of 1.05. Invesco S&P 500 Equal Weight ETF has a 1-year low of $150.35 and a 1-year high of $188.16.

Institutional Trading of Invesco S&P 500 Equal Weight ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 219.6% in the first quarter. Goldman Sachs Group Inc. now owns 9,102,168 shares of the company’s stock valued at $1,576,769,000 after buying an additional 6,254,609 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in shares of Invesco S&P 500 Equal Weight ETF by 318.5% in the 4th quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock worth $1,430,306,000 after acquiring an additional 6,211,920 shares during the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter worth $720,730,000. Japan Science & Technology Agency purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the first quarter valued at $656,908,000. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the fourth quarter valued at $620,875,000. 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).