The Invesco S&P 500 Equal Weight ETF (Symbol: RSP) experienced a notable outflow of approximately $917.3 million, marking a 1.2% decrease in shares outstanding from 398,930,000 to 394,190,000 week-over-week. This outflow was reported on [insert date], indicating a significant shift in investor sentiment.
Currently, RSP is trading at $193.38, with a 52-week price range of $150.35 to $195.465. Among its major components today, Norwegian Cruise Line Holdings Ltd (NCLH) rose by 0.4%, Carnival Corp (CCL) increased by 0.8%, while lululemon athletica inc (LULU) saw a decrease of 0.6%.
Investors should be aware that such outflows necessitate corresponding adjustments to the ETF’s underlying holdings, which can impact individual components significantly.
