list equal weighted sp500 etf
9/23/2024 10:40am
The equal-weighted S&P 500 ETF that has been performing well and is on track for its longest winning streak of the year is the Invesco S&P 500 Equal Weight ETF (RSPS), as of the latest data available until September 16, 2024.
1. **Performance**: RSPS has been rising and is on pace to achieve its longest daily gains streak since mid-December 2023.
2. **Record Territory**: The ETF was trading in record territory as of September 16, 2024.
3. **Investment Focus**: It equally weights stocks in the consumer staples sector of the S&P 500 Index.
4. **Financial Metrics**: RSPS has an expense ratio of 0.40% and a 12-month trailing dividend yield of 2.12%.
5. **Institutional Confidence**: There has been a positive sentiment among institutional investors, with firms like Brown Brothers Harriman & Co. and Oppenheimer & Co. Inc. increasing their holdings in RSPS.
The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is a smart beta ETF that offers a unique investment approach by equally weighting stocks in the consumer staples sector, which has been performing well and is on track for its longest winning streak of the year.