Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 125,288 shares, an increase of 367.4% from the June 30th total of 26,803 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average trading volume of 49,982 shares, the days-to-cover ratio is currently 2.5 days.

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

Several large investors have recently bought and sold shares of RSPD. Fifth Third Bancorp purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the first quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter valued at $29,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter valued at $34,000. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock valued at $70,000 after acquiring an additional 1,184 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at $185,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Up 2.1%

Shares of RSPD stock traded up $1.16 during trading hours on Monday, reaching $55.88. 64,382 shares of the company’s stock were exchanged, compared to its average volume of 56,523. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1 year low of $50.97 and a 1 year high of $60.34. The stock has a market cap of $311.25 million, a PE ratio of 17.03 and a beta of 1.09. The stock’s fifty day moving average price is $55.15 and its two-hundred day moving average price is $56.11.

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

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