Short Interest in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Grows By 20.4%

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 171 shares, a growth of 20.4% from the December 15th total of 142 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,565 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 15,565 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

A number of institutional investors and hedge funds have recently modified their holdings of ERTH. Royal Bank of Canada boosted its position in Invesco MSCI Sustainable Future ETF by 2.6% during the first quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock worth $1,066,000 after purchasing an additional 687 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Invesco MSCI Sustainable Future ETF by 55.5% in the 1st quarter. Jane Street Group LLC now owns 35,405 shares of the company’s stock worth $1,375,000 after buying an additional 12,640 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Invesco MSCI Sustainable Future ETF by 46.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,327 shares of the company’s stock valued at $495,000 after acquiring an additional 3,596 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in Invesco MSCI Sustainable Future ETF during the 2nd quarter valued at about $40,000. Finally, Bank of Montreal Can raised its position in Invesco MSCI Sustainable Future ETF by 29.0% during the second quarter. Bank of Montreal Can now owns 1,775 shares of the company’s stock worth $75,000 after acquiring an additional 399 shares during the last quarter.

Invesco MSCI Sustainable Future ETF Stock Performance

ERTH stock traded down $0.76 during trading on Tuesday, reaching $47.08. 1,949 shares of the company were exchanged, compared to its average volume of 5,547. The stock’s 50 day moving average price is $47.31 and its 200 day moving average price is $46.41. Invesco MSCI Sustainable Future ETF has a 52-week low of $34.06 and a 52-week high of $49.20. The company has a market cap of $141.25 million, a P/E ratio of 21.14 and a beta of 1.06.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.