(RSPR) Invesco SP500 Equal Weight - Ratings and Ratios

The Invesco S&P 500 Equal Weight Real Estate ETF (NYSE ARCA: RSPR) is designed to provide exposure to the U.S. real estate sector by tracking the performance of the S&P 500 Equal Weight Real Estate Index. The fund typically allocates at least 90% of its total assets to securities that are components of the underlying index. The S&P 500 Equal Weight Real Estate Index is a subset of the broader S&P 500 Real Estate Index, which focuses on larger U.S. companies in the real estate sector. These companies include real estate investment trusts (REITs), real estate operating companies (REOCs), and other firms directly involved in the ownership, development, and management of real estate properties. By using an equal-weighting approach, the fund seeks to reduce concentration risk and provide more balanced exposure to the sector compared to market-capitalization-weighted indices.

Ticker Symbol: RSPR | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Real Estate

Based on the provided data, the 3-month forecast for RSPR is as follows: The funds price is expected to remain stable, with potential upside driven by the strength of the underlying real estate sector. The 20-day moving average (SMA 20) of 36.03 and 50-day moving average (SMA 50) of 35.42 suggest that the fund is currently trading above its short-term trendlines. The 200-day moving average (SMA 200) of 35.32 indicates a slightly bullish long-term trend. The average true range (ATR) of 0.52 reflects moderate volatility, which is typical for real estate sector ETFs. With assets under management (AUM) of $116.79 million, the fund has sufficient scale to maintain liquidity while tracking its underlying index closely.