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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 27,182 put options on the company. This is an increase of approximately 95% compared to the average daily volume of 13,908 put options.

Invesco S&P 500 Equal Weight ETF Price Performance

Shares of NYSEARCA RSP opened at $217.69 on Wednesday. The business’s 50-day moving average price is $211.10 and its two-hundred day moving average price is $203.40. Invesco S&P 500 Equal Weight ETF has a one year low of $179.94 and a one year high of $218.05. The company has a market capitalization of $97.74 billion, a P/E ratio of 20.10 and a beta of 0.91.

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

Several institutional investors have recently made changes to their positions in RSP. Charis Legacy Partners LLC lifted its stake in Invesco S&P 500 Equal Weight ETF by 0.5% in the second quarter. Charis Legacy Partners LLC now owns 10,780 shares of the company’s stock valued at $2,294,000 after acquiring an additional 49 shares during the last quarter. Canvas Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Equal Weight ETF by 1.2% during the 2nd quarter. Canvas Wealth Advisors LLC now owns 4,373 shares of the company’s stock worth $930,000 after purchasing an additional 50 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 5.5% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 982 shares of the company’s stock valued at $188,000 after purchasing an additional 51 shares in the last quarter. Ballast Rock Private Wealth LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 0.8% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 6,800 shares of the company’s stock valued at $1,305,000 after purchasing an additional 51 shares in the last quarter. Finally, Pacific Point Advisors LLC lifted its stake in shares of Invesco S&P 500 Equal Weight ETF by 4.2% in the 4th quarter. Pacific Point Advisors LLC now owns 1,305 shares of the company’s stock valued at $250,000 after purchasing an additional 52 shares during the last quarter. 61.18% of the stock is currently owned by institutional investors and hedge funds.

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.