Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,760 shares, a decrease of 38.7% from the May 31st total of 27,329 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 46,332 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 4.2% in the fourth quarter. Allworth Financial LP now owns 7,946 shares of the company’s stock worth $231,000 after buying an additional 322 shares in the last quarter. Yoder Wealth Management Inc. increased its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.2% during the first quarter. Yoder Wealth Management Inc. now owns 32,886 shares of the company’s stock valued at $970,000 after buying an additional 395 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% in the 4th quarter. Osaic Holdings Inc. now owns 43,452 shares of the company’s stock worth $1,261,000 after purchasing an additional 419 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% in the fourth quarter. Farther Finance Advisors LLC now owns 45,922 shares of the company’s stock worth $1,333,000 after buying an additional 460 shares during the period. Finally, Walker Asset Management LLC lifted its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 6.2% during the first quarter. Walker Asset Management LLC now owns 18,544 shares of the company’s stock valued at $547,000 after purchasing an additional 1,082 shares in the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.7%

Shares of NYSEARCA:RSPS traded up $0.50 on Thursday, reaching $30.78. 321,479 shares of the company traded hands, compared to its average volume of 103,182. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.21 and a 52 week high of $33.37. The business’s 50-day simple moving average is $29.89 and its 200 day simple moving average is $30.32. The stock has a market capitalization of $241.93 million, a P/E ratio of 17.33 and a beta of 0.43.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

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.