Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Up 141.4% in December

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 48,272 shares, an increase of 141.4% from the December 15th total of 19,995 shares. Based on an average daily trading volume, of 111,989 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 111,989 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Legend Financial Advisors Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 2nd quarter worth approximately $33,000. AE Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% in the second quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock worth $41,000 after acquiring an additional 570 shares during the last quarter. Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% in the third quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock valued at $61,000 after acquiring an additional 745 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% in the third quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock valued at $144,000 after acquiring an additional 1,435 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 3rd quarter worth about $144,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.5%

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock traded up $0.15 on Thursday, hitting $30.84. The company’s stock had a trading volume of 43,548 shares, compared to its average volume of 98,945. The company has a market capitalization of $243.64 million, a P/E ratio of 17.33 and a beta of 0.49. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52-week low of $28.21 and a 52-week high of $32.05. The firm has a fifty day moving average price of $29.34 and a 200-day moving average price of $29.76.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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