Invesco S&P 500 Equal Weight ETF Sees Significant Inflows

Impressive $1.7 Billion Week-Over-Week Growth in Units

Looking at changes in shares outstanding among ETFs this week, the Invesco S&P 500—Equal Weight ETF (Symbol: RSP) has emerged as a notable performer. The fund experienced an inflow of approximately $1.7 billion, leading to a 2.4% increase in outstanding units, which climbed from 380,360,000 to 389,450,000.

Among RSP’s key components, trading reveals that United Airlines Holdings Inc (Symbol: UAL) is dipping slightly, down about 0.1%. Conversely, Palantir Technologies Inc (Symbol: PLTR) has risen by 0.3%, while Vistra Corp (Symbol: VST) has surged by 4.7%. For a full list of holdings, please visit the RSP Holdings page »

The chart indicates that RSP’s price has fluctuated between a low of $146.01 and a high of $185.79 over the past 52 weeks, with the most recent trade recorded at $182.71. By comparing the latest share price to the 200-day moving average, investors gain insights into market trends—learn more about the 200-day moving average ».

Exchange-traded funds (ETFs) operate similarly to stocks, but investors essentially buy and sell “units” instead of “shares.” These units can be traded like stocks and can also be created or destroyed based on demand. Each week, we track changes in shares outstanding to identify ETFs experiencing significant inflows (new units created) or outflows (old units liquidated). The creation of new units indicates that the fund must purchase its underlying assets, while the destruction of units typically results in the sale of those assets. As such, large movements can impact the individual components held within ETFs.

Click here to find out which 9 other ETFs had notable inflows »

Also see:

• Funds Holding WGO
• Expeditors International of Washington shares outstanding history
• PLYR Options Chain

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.