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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) saw some unusual options trading on Monday. Traders purchased 38,999 put options on the company. This represents an increase of approximately 121% compared to the typical volume of 17,612 put options.

Invesco S&P 500 Equal Weight ETF Trading Up 0.8 %

Shares of NYSEARCA RSP traded up $1.43 during mid-day trading on Monday, reaching $173.23. The company had a trading volume of 10,869,359 shares, compared to its average volume of 6,572,383. The stock has a market cap of $72.17 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16. The business’s 50-day moving average is $178.34 and its 200-day moving average is $179.19.

Invesco S&P 500 Equal Weight ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.8308 dividend. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Strategic Financial Concepts LLC raised its holdings in shares of Invesco S&P 500 Equal Weight ETF by 21,084.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 8,491,606 shares of the company’s stock valued at $1,487,984,000 after purchasing an additional 8,451,521 shares in the last quarter. Texas Permanent School Fund Corp increased its holdings in Invesco S&P 500 Equal Weight ETF by 318.5% during the fourth quarter. Texas Permanent School Fund Corp now owns 8,162,449 shares of the company’s stock valued at $1,430,306,000 after buying an additional 6,211,920 shares during the period. Temasek Holdings Private Ltd bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $720,730,000. Caisse DE Depot ET Placement DU Quebec bought a new position in Invesco S&P 500 Equal Weight ETF in the fourth quarter worth approximately $620,875,000. Finally, Invesco Ltd. lifted its holdings in Invesco S&P 500 Equal Weight ETF by 30.6% during the fourth quarter. Invesco Ltd. now owns 9,993,434 shares of the company’s stock worth $1,751,149,000 after buying an additional 2,338,882 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).