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RGI (Invesco S&P 500 Equal Weight Industrials ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference, not a current-day signal.
MILAN--(BUSINESS WIRE)--RGI, the leading provider of digital solutions for the European insurance industry, announces the acquisition of D4Next, an insurance technology company specializing in solutions that connect insurance products, distribution channels and digital processes, powered by innovative AI models. The acquisition broadens RGI's ability to support insurers in addressing one of the key challenges facing the industry: how to accelerate business and technological innovation while pro.
The 2023 equity market rally has been led in large part by growth sectors — communication services, consumer discretionary, and technology. That, coupled with elevated recession speculation earlier in the year, has been a drag on cyclical sectors, including industrials.
Invesco has changed the tickers for its suite of equal-weight sector ETFs. Invesco united its lineup of 11 equal-weight sector ETFs with new tickers that connect back to the $33.6 billion Invesco S&P 500® Equal Weight ETF (RSP), effective June 6.
Transportation has the best value and quality scores in the sector. Other subsectors are overvalued by 22% to 46% relative to 11-year averages.
The index plummeted all the way down to -31.8, the lowest since January when the index reached a slightly worse -32.9. The month-over-month declines across many categories were nothing short of historic in May.
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Invesco S&P 500 Equal Weight Industrials ETF (RGI), a passively managed exchange traded fund launched on 11/01/2006.
Designed to provide broad exposure to the Industrials ETFs category of the market, the Invesco S&P 500 Equal Weight Industrials ETF (RGI) is a smart beta exchange traded fund launched on 11/01/2006.
Transportation is undervalued by 21% relative to historical averages. Other subsectors are overvalued by 20% to 42%.