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

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPEGet Free Report) dropped 0.3% during mid-day trading on Tuesday . The stock traded as low as $33.98 and last traded at $34.00. Approximately 6,142 shares changed hands during trading, a decline of 55% from the average session volume of 13,725 shares. The stock had previously closed at $34.10.

Invesco ESG S&P 500 Equal Weight ETF Stock Up 0.8%

The firm has a market capitalization of $68.40 million, a PE ratio of 19.91 and a beta of 0.95. The stock’s fifty day simple moving average is $33.20 and its 200 day simple moving average is $31.57.

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

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada purchased a new position in Invesco ESG S&P 500 Equal Weight ETF during the fourth quarter valued at $36,000. Envestnet Asset Management Inc. purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF in the third quarter worth about $222,000. Sepio Capital LP purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth about $258,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth about $305,000. Finally, Osaic Holdings Inc. raised its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 12.5% in the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock worth $322,000 after buying an additional 1,205 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.

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