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Pre-market
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30.19360 USD
0.5536
1.87%
Last update Mar 31, 3:57 PM EDT
Pre-market
Day range
29.77000
30.24600
Previous close
29.64000
Open
29.87000
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Invesco S&P 500 Equal Weight Health Care ETF
30.19
0.55
1.87%

Overview

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Description

The Invesco S&P 500 Equal Weight Mutual Fund is a mutual fund designed to offer investors exposure to the S&P 500 Index, but with an equal-weight methodology. This means that each of the 500 companies in the index is given an equal allocation in the fund, as opposed to the traditional market-cap weighting which favors larger companies. This unique approach allows for diversified exposure across all sectors represented in the S&P 500, potentially balancing the investment risk among smaller and larger entities. By equalizing the influence of each company, the fund reduces the dominance of mega-cap stocks, enabling investors to benefit from the broader growth potentials within the index. The Invesco S&P 500 Equal Weight Mutual Fund plays a significant role in the financial market by providing an alternative means of investing in U.S. large-cap equities, appealing particularly to those who seek a more balanced and diversified investment strategy that mitigates sector-specific risks.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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Pre-market

Exchange is currently open for pre-market.
Main market opens in 3 hours

06:29
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).