Hello! This is MarketWatch reporter Isabel Wang bringing you this week’s ETF Wrap. In this week’s edition, we look at an S&P 500 equal-weight ETF that is seeing a notable jump in interest and net inflows in 2023, despite the continued dominance of mega-cap technology stocks.
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The Invesco S&P 500 Equal Weight ETF
RSP
has been among the top U.S. exchange-traded funds in terms of popularity growth this year.
The fund has gathered more than $10.1 billion in net inflows in 2023 as of Wednesday, including nearly $3.3 billion over the past month alone. That would also mark a net inflow record for the largest equal-weight ETF since its…