The Invesco S&P 500 Equal Weight ETF (RSP) reported an outflow of approximately $212.1 million in the past week, a 0.2% decrease in shares outstanding from 431,180,000 to 430,140,000. This decline coincided with movements in key underlying components: ON Semiconductor Corp (down 5.7%), Centene Corp (up 0.1%), and Monolithic Power Systems Inc (down 4%).
RSP’s current share price is $202.73, sitting between its 52-week low of $173 and high of $205.53. Investors use this week’s share movement and price performance compared to the 200-day moving average for technical analysis of the ETF’s trends.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
