Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Down 48.3% in July

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,112 shares, a decline of 48.3% from the June 30th total of 4,085 shares. Based on an average daily trading volume, of 9,607 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 2.0%

Shares of NYSEARCA:RSPR traded down $0.77 during trading on Thursday, reaching $37.08. The company’s stock had a trading volume of 8,184 shares, compared to its average volume of 14,348. The stock has a market capitalization of $102.34 million, a PE ratio of 37.16 and a beta of 0.93. Invesco S&P 500 Equal Weight Real Estate ETF has a 12 month low of $32.41 and a 12 month high of $38.01. The firm’s 50 day simple moving average is $36.74 and its two-hundred day simple moving average is $35.49.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Real Estate ETF

Large investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 19.8% in the fourth quarter. IFP Advisors Inc now owns 281,946 shares of the company’s stock worth $9,482,000 after buying an additional 46,630 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 1.1% in the fourth quarter. Farther Finance Advisors LLC now owns 27,044 shares of the company’s stock valued at $909,000 after acquiring an additional 304 shares during the period. Triad Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 4th quarter worth about $356,000. Sheets Smith Wealth Management lifted its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 14.7% in the 4th quarter. Sheets Smith Wealth Management now owns 26,909 shares of the company’s stock worth $905,000 after acquiring an additional 3,455 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock worth $899,000 after purchasing an additional 15,467 shares during the period.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.