Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Stock Price Down 0.3% – Here’s What Happened

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPEGet Free Report)’s share price dropped 0.3% during trading on Friday . The company traded as low as $34.92 and last traded at $34.92. Approximately 5,290 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 12,572 shares. The stock had previously closed at $35.03.

Invesco ESG S&P 500 Equal Weight ETF Stock Performance

The company has a market capitalization of $69.84 million, a P/E ratio of 19.91 and a beta of 0.95. The business has a 50 day moving average of $34.49 and a 200-day moving average of $32.57.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the second quarter worth about $1,096,000. Community Financial Services Group LLC grew its stake in Invesco ESG S&P 500 Equal Weight ETF by 101.7% during the second quarter. Community Financial Services Group LLC now owns 12,379 shares of the company’s stock valued at $421,000 after acquiring an additional 6,241 shares in the last quarter. Eastern Bank grew its stake in Invesco ESG S&P 500 Equal Weight ETF by 47.4% during the second quarter. Eastern Bank now owns 566,258 shares of the company’s stock valued at $19,202,000 after acquiring an additional 182,160 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco ESG S&P 500 Equal Weight ETF by 7.0% during the 1st quarter. Bank of America Corp DE now owns 26,505 shares of the company’s stock worth $780,000 after acquiring an additional 1,732 shares during the period. Finally, Invesco Ltd. increased its holdings in Invesco ESG S&P 500 Equal Weight ETF by 7.6% during the 4th quarter. Invesco Ltd. now owns 43,484 shares of the company’s stock worth $1,295,000 after acquiring an additional 3,077 shares during the period.

About Invesco ESG S&P 500 Equal Weight ETF

(Get Free Report)

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.

Further Reading

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