Short Interest in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Decreases By 14.8%

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 54,718 shares, a drop of 14.8% from the February 12th total of 64,214 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 186,943 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 186,943 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are short sold.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Staples ETF

Large investors have recently made changes to their positions in the company. Allworth Financial LP boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.2% in the 4th quarter. Allworth Financial LP now owns 7,946 shares of the company’s stock valued at $231,000 after buying an additional 322 shares in the last quarter. Osaic Holdings Inc. grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% in the 4th quarter. Osaic Holdings Inc. now owns 43,452 shares of the company’s stock valued at $1,261,000 after buying an additional 419 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% during the 4th quarter. Farther Finance Advisors LLC now owns 45,922 shares of the company’s stock worth $1,333,000 after acquiring an additional 460 shares in the last quarter. AE Wealth Management LLC raised its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% during the 2nd quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock worth $41,000 after acquiring an additional 570 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 10.3% in the third quarter. Jones Financial Companies Lllp now owns 7,124 shares of the company’s stock valued at $207,000 after acquiring an additional 666 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 0.1%

NYSEARCA RSPS traded down $0.02 during trading hours on Tuesday, hitting $30.59. 107,767 shares of the company were exchanged, compared to its average volume of 131,699. The firm has a market cap of $249.92 million, a price-to-earnings ratio of 17.33 and a beta of 0.49. The company has a 50 day moving average of $31.51 and a two-hundred day moving average of $30.11. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52-week low of $28.21 and a 52-week high of $33.37.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is an exchange-traded fund that mostly invests in consumer staples equity. The fund tracks an equal-weighted index of large-cap US consumer staples stocks drawn from the S&P 500. RSPS was launched on Nov 1, 2006 and is managed by Invesco.