Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Short Interest Update

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 16,559 shares, a drop of 47.5% from the November 30th total of 31,566 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 57,524 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 57,524 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s shares are short sold.

Invesco S&P 500 Equal Weight Energy ETF Stock Down 0.5%

RSPG traded down $0.41 during trading on Friday, reaching $78.71. The company had a trading volume of 55,017 shares, compared to its average volume of 68,332. The business has a 50 day simple moving average of $80.01 and a 200-day simple moving average of $77.88. The stock has a market cap of $412.44 million, a P/E ratio of 13.87 and a beta of 0.87. Invesco S&P 500 Equal Weight Energy ETF has a 52 week low of $63.76 and a 52 week high of $85.54.

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

A number of large investors have recently made changes to their positions in RSPG. Harbour Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF during the 3rd quarter valued at about $205,000. CIBC Bancorp USA Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the third quarter valued at approximately $239,000. Susquehanna International Group LLP purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the third quarter worth approximately $355,000. Tower Research Capital LLC TRC lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 59.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 6,251 shares of the company’s stock worth $498,000 after acquiring an additional 2,341 shares during the last quarter. Finally, Longview Financial Advisors Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Energy ETF by 16.0% during the 3rd quarter. Longview Financial Advisors Inc. now owns 7,261 shares of the company’s stock worth $578,000 after acquiring an additional 1,004 shares during the last quarter.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.