Invesco S&P 500 Equal Weight Real Estate ETF (RSPR)
Invesco S&P 500 Equal Weight Real Estate ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $36.34, up 0.69% on the session, giving a market capitalisation of $104.7M. Its beta of 0.94 implies it has historically moved less than the broad market.
This investment product, known as the Invesco S&P 500 Equal Weight Real Estate ETF, aims to replicate the performance of the S&P 500 Equal Weight Real Estate Index. The fund commits a significant portion, specifically at least 90%, of its total investments to the securities comprising this benchmark index. What sets the index apart is its methodology of assigning an identical weighting to every stock found within the real estate sector of the broader S&P 500 Index. Both the ETF's portfolio and the index's constituent list are adjusted and rebalanced every three months.
Invesco S&P 500 Equal Weight Real Estate ETF is most often compared with the following Financial Services names: