November 24, 2016 - By Linda Rogers · 0 Comments
Nov 24 is a positive day so far for Guggenheim S&P 500 Equal Weight ETF (NYSEARCA:RSP) as the ETF is active during the day after gaining 0.24% to hit $86.01 per share. The exchange traded fund has 10.47B net assets and 0.97% volatility this month.
Over the course of the day 201,549 shares traded hands, as compared to an average volume of 853,690 over the last 30 days for Guggenheim S&P 500 Equal Weight ETF (NYSEARCA:RSP).
The ETF is -1.09% of its 52-Week High and 26.39% of its low, and is currently having ATR of 0.95. This year’s performance is 10.39% while this quarter’s performance is -0.48%.
The ETF’s YTD performance is 7.6%, the 1 year is 5.25% and the 3 year is 7.9%.
The ETF’s average P/E ratio is 18.1, the price to book is 2.28, the price to sales is 1.45 and the price to cashflow is 8.95. It was started on 05/01/2003. The fund’s top holdings are: Akamai Technologies Inc. for 0.27% of assets, Netflix Inc. for 0.26%, NVIDIA Corporation for 0.24%, Gap Inc. (The) Common Stock for 0.24%, Reynolds American Inc Common St for 0.23%, Level 3 Communications Inc. Co for 0.23%, FMC Technologies Inc. Common S for 0.23%, F5 Networks Inc. for 0.23%, Expedia Inc. for 0.23%, Royal Caribbean Cruises Ltd. Co for 0.23%. The ETF sector weights are: Basic Materials 4.64%, Consumer Cyclical 16.12%, Financial Services 13.58%, Realestate 4.60%, Consumer Defensive 7.97%, Healthcare 10.91%, Utilities 5.79%, Communication Services 2.05%, Energy 7.07%, Industrials 14.65%, Technology 12.62%. The ETF currently as 1.51% yield.
More notable recent Guggenheim S&P 500 Equal Weight ETF (NYSEARCA:RSP) news were published by: Globenewswire.com which released: “Guggenheim Announces that Upcoming Changes to the S&P 500® Equal Weight …” on July 22, 2016, also Etfdailynews.com with their article: “Why Equal Weight ETFs are Outperforming This Year” published on August 30, 2016, Etfdailynews.com published: “Here’s How to Beat the S&P 500” on October 12, 2016. More interesting news about Guggenheim S&P 500 Equal Weight ETF (NYSEARCA:RSP) were released by: Zacks.com and their article: “Inside Guggenheim’s Samp;P 100 Equal-Weight ETF” published on July 14, 2016 as well as Benzinga.com‘s news article titled: “Guggenheim Introduces Equal-Weight S&P 100 ETF” with publication date: June 30, 2016.
Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index . The ETF has a market cap of $10.47 billion. The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues). It currently has negative earnings. The Index utilizes quarterly rebalancing to maintain its equal-weight stance.
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By Linda Rogers