Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Down 23.5% in January

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 49,857 shares, a drop of 23.5% from the January 15th total of 65,205 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 126,155 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 126,155 shares, the short-interest ratio is currently 0.4 days. Currently, 0.6% of the shares of the stock are sold short.

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

A number of institutional investors have recently added to or reduced their stakes in RSPS. Jones Financial Companies Lllp lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 106.3% during the first quarter. Jones Financial Companies Lllp now owns 7,127 shares of the company’s stock worth $220,000 after purchasing an additional 3,673 shares in the last quarter. Ballast Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter valued at $1,601,000. Envestnet Asset Management Inc. lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 10.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 109,967 shares of the company’s stock worth $3,296,000 after acquiring an additional 10,556 shares in the last quarter. AE Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% during the 2nd quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock worth $41,000 after acquiring an additional 570 shares in the last quarter. Finally, Creative Planning boosted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 22.5% during the 2nd quarter. Creative Planning now owns 11,786 shares of the company’s stock valued at $353,000 after acquiring an additional 2,166 shares during the period.

Invesco S&P 500 Equal Weight Consumer Staples ETF Price Performance

RSPS traded down $0.56 on Tuesday, reaching $32.53. 283,582 shares of the company’s stock were exchanged, compared to its average volume of 135,154. Invesco S&P 500 Equal Weight Consumer Staples ETF has a twelve month low of $28.21 and a twelve month high of $33.37. The stock has a market cap of $265.78 million, a PE ratio of 17.33 and a beta of 0.49. The stock’s fifty day moving average price is $30.42 and its 200-day moving average price is $29.93.

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.