Invesco says S&P 500 Equal Weight ETF tops $100 billion AUM
IVZ•Other equal-weight products also grow
Invesco said the Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) exceeded $1 billion in assets under management about two years after launch.
The company also added the Invesco QQQ Equal Weight ETF (QEW) to its QQQ Innovation suite and equal-weight lineup.
RSP reaches $100 billion in assets under management
Invesco disclosed that the Invesco S&P 500 Equal Weight ETF (RSP) reached $100 billion in assets under management.
RSP, launched in 2003, is the only U.S.-listed ETF offering equal-weight exposure to the S&P 500 Index.
