Invesco S&P 500 Equal Weight Industrials ETF (RSPN)
Invesco S&P 500 Equal Weight Industrials ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $58.97, up 0.86% on the session, giving a market capitalisation of $718.4M. Its beta of 1.01 implies it has historically moved more than the broad market.
The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is designed to track the performance of the S&P 500 Equal Weight Industrials Index. The fund allocates at least 90% of its total capital to equity securities included in this benchmark index. This specific index provides uniform weighting to every stock within the industrials sector of the wider S&P 500 Index. Both the fund and its underlying index have their holdings adjusted and rebalanced every three months.
Invesco S&P 500 Equal Weight Industrials ETF is most often compared with the following Financial Services names: