Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Sees Large Decrease in Short Interest

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 31,303 shares, a drop of 48.2% from the November 30th total of 60,461 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily volume of 24,257 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 24,257 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.8% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 0.1%

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded down $0.07 on Friday, reaching $57.98. 15,973 shares of the company were exchanged, compared to its average volume of 48,007. The company has a market capitalization of $223.80 million, a price-to-earnings ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a one year low of $43.47 and a one year high of $59.54. The company has a 50-day moving average of $56.29 and a 200 day moving average of $56.16.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of RSPD. Jones Financial Companies Lllp increased its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 12,086.0% during the first quarter. Jones Financial Companies Lllp now owns 204,237 shares of the company’s stock worth $10,191,000 after buying an additional 202,561 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 27.3% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 645,873 shares of the company’s stock worth $34,367,000 after acquiring an additional 138,532 shares during the last quarter. Park Avenue Securities LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 2nd quarter valued at $3,645,000. Leuthold Group LLC lifted its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 187.4% during the 3rd quarter. Leuthold Group LLC now owns 68,409 shares of the company’s stock valued at $3,947,000 after purchasing an additional 44,604 shares during the last quarter. Finally, Sykon Capital LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth $1,992,000.

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.