Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Short Interest Update

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 32,155 shares, an increase of 177.2% from the July 15th total of 11,602 shares. Currently, 1.6% of the company’s shares are short sold. Based on an average daily trading volume, of 8,949 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Investors Weigh In On Invesco ESG S&P 500 Equal Weight ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Eastern Bank raised its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 47.4% during the second quarter. Eastern Bank now owns 566,258 shares of the company’s stock valued at $19,202,000 after purchasing an additional 182,160 shares during the period. Betterment LLC acquired a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the 4th quarter valued at about $462,000. Allegheny Financial Group acquired a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the 4th quarter valued at about $451,000. Tower Research Capital LLC TRC increased its position in Invesco ESG S&P 500 Equal Weight ETF by 84.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 29,463 shares of the company’s stock valued at $851,000 after buying an additional 13,466 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in Invesco ESG S&P 500 Equal Weight ETF in the 4th quarter valued at about $305,000.

Invesco ESG S&P 500 Equal Weight ETF Stock Down 0.0%

NYSEARCA:RSPE opened at $35.24 on Friday. Invesco ESG S&P 500 Equal Weight ETF has a twelve month low of $28.02 and a twelve month high of $35.29. The company has a fifty day moving average of $34.03 and a 200-day moving average of $32.16. The firm has a market capitalization of $70.48 million, a P/E ratio of 19.91 and a beta of 0.95.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.