Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Trading Down 0.3% – What’s Next?

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE)’s share price was down 0.3% on Friday . The stock traded as low as $34.92 and last traded at $34.92. 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 Down 0.3%

The company has a market cap of $69.84 million, a PE ratio of 19.91 and a beta of 0.95. The stock has a 50-day moving average of $34.49 and a 200-day moving average of $32.57.

Hedge Funds Weigh In On Invesco ESG S&P 500 Equal Weight ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the 4th quarter valued at about $36,000. Envestnet Asset Management Inc. bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the third quarter worth approximately $222,000. Sepio Capital LP bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth approximately $258,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $305,000. Finally, Osaic Holdings Inc. lifted its position in Invesco ESG S&P 500 Equal Weight ETF by 12.5% during the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock valued at $322,000 after purchasing an additional 1,205 shares during the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

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.