31-Jan-2025
No press releases found.
Study finds Trump tariffs will cost US households $830 per year as President prepares first salvo
Seeking Alpha News (Sat, 1-Feb 1:51 PM ET)
Wall Street rises nearly 3% in January, setting the stage for another eventful year
Seeking Alpha News (Fri, 31-Jan 7:04 PM ET)
White House says Trump tariffs on Canada, Mexico and China begin Saturday
Seeking Alpha News (Fri, 31-Jan 1:47 PM ET)
Trump reportedly says will follow through with 25% tariffs on Canada & Mexico on Saturday
Seeking Alpha News (Thu, 30-Jan 4:04 PM ET)
GlobalData sees 'Musk vs. MAGA' split in Trump administration, speculates market impact
Seeking Alpha News (Thu, 30-Jan 2:19 PM ET)
Powell: Asset prices 'elevated by many metrics' with 'good part' of that due to AI, tech
Seeking Alpha News (Wed, 29-Jan 6:21 PM ET)
Fed chief Powell does not comment on Trump's 'demand' to decrease interest rates
Seeking Alpha News (Wed, 29-Jan 5:14 PM ET)
Reaction Roundup: SA analysts, experts weigh in on Fed maintaining rates
Seeking Alpha News (Wed, 29-Jan 4:36 PM ET)
The drawdown of the big dogs is a correction, not the start of a bear market – GS
Seeking Alpha News (Wed, 29-Jan 1:55 PM ET)
BlackRock says stocks can continue to outperform in 2025 even against higher rates
Seeking Alpha News (Wed, 29-Jan 12:25 PM ET)
The Invesco S&P 500 Equal Weight ETF (Fund) is based on the S&P 500 Equal Weight Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index equally weights the stocks in the S&P 500 Index. The Fund and the Index are rebalanced quarterly.
Invesco S&P 500 Equal Weight ETF trades on the ARCA stock market under the symbol RSP.
As of January 31, 2025, RSP stock price declined to $181.24 with 9,362,440 million shares trading.
RSP has a beta of 0.78, meaning it tends to be less sensitive to market movements. RSP has a correlation of 0.66 to the broad based SPY ETF.
RSP has a market cap of $74.71 billion. This is considered a Large Cap stock.
In the last 3 years, RSP traded as high as $188.16 and as low as $124.92.
RSP has underperformed the market in the last year with a price return of +17.1% while the SPY ETF gained +26.1%. RSP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.8% and +0.7%, respectively, while the SPY returned +6.2% and +0.7%, respectively.
RSP support price is $181.29 and resistance is $184.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RSP shares will trade within this expected range on the day.