Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $35.40 and traded as high as $35.55. Invesco S&P 500 Equal Weight Real Estate ETF shares last traded at $35.43, with a volume of 8,448 shares trading hands.
Invesco S&P 500 Equal Weight Real Estate ETF Trading Up 3.9%
The stock has a market capitalization of $88.13 million, a PE ratio of 37.16 and a beta of 0.91. The stock’s fifty day simple moving average is $34.59 and its 200-day simple moving average is $35.41.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 2nd quarter worth approximately $308,000. Walker Asset Management LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 5.2% in the second quarter. Walker Asset Management LLC now owns 8,969 shares of the company’s stock valued at $328,000 after acquiring an additional 441 shares in the last quarter. Lido Advisors LLC increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 5.4% during the first quarter. Lido Advisors LLC now owns 11,412 shares of the company’s stock valued at $379,000 after acquiring an additional 588 shares during the last quarter. Arkadios Wealth Advisors increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 7.8% during the first quarter. Arkadios Wealth Advisors now owns 17,753 shares of the company’s stock valued at $589,000 after acquiring an additional 1,287 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 22,249 shares of the company’s stock worth $813,000 after acquiring an additional 1,265 shares during the period.
Invesco S&P 500 Equal Weight Real Estate ETF Company Profile
The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.
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