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

Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) was the target of some unusual options trading activity on Monday. Investors acquired 89,957 put options on the company. This represents an increase of 605% compared to the average daily volume of 12,754 put options.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Eastern Bank acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the third quarter valued at about $28,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Equal Weight ETF by 79.1% in the third quarter. GHP Investment Advisors Inc. now owns 163 shares of the company’s stock valued at $29,000 after buying an additional 72 shares in the last quarter. Richardson Financial Services Inc. lifted its position in shares of Invesco S&P 500 Equal Weight ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 166 shares of the company’s stock valued at $29,000 after acquiring an additional 83 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $29,000. Finally, Bristlecone Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF in the 3rd quarter worth approximately $33,000.

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

Invesco S&P 500 Equal Weight ETF stock opened at $176.08 on Wednesday. The firm has a market capitalization of $58.98 billion, a P/E ratio of 20.44 and a beta of 0.90. The stock’s fifty day simple moving average is $180.80 and its 200-day simple moving average is $175.79. Invesco S&P 500 Equal Weight ETF has a twelve month low of $153.10 and a twelve month high of $188.16.

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).