The Invesco S&P 500 Equal Weight ETF (RSP) experienced a week-over-week outflow of approximately $572.6 million, a 0.7% decrease in shares outstanding, dropping from 430,140,000 to 427,300,000. This shift indicates a notable reduction in investor demand for this ETF.
RSP’s recent trading price was $202.69, which is close to its 52-week high of $205.53 and above its low of $173. Among its largest components, SanDisk Corp (SNDK) rose by 0.1%, ON Semiconductor Corp (ON) increased by 3.6%, and Ciena Corp (CIEN) saw a surge of 4.8%.
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