Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE – Get Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 8,424 shares, a decrease of 40.9% from the June 15th total of 14,257 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 13,717 shares, the short-interest ratio is presently 0.6 days.
Invesco ESG S&P 500 Equal Weight ETF Price Performance
Shares of NYSEARCA:RSPE traded up $0.23 during trading on Thursday, reaching $34.16. 2,361 shares of the company’s stock traded hands, compared to its average volume of 13,558. The stock has a market capitalization of $68.32 million, a P/E ratio of 19.91 and a beta of 0.95. Invesco ESG S&P 500 Equal Weight ETF has a 12 month low of $27.25 and a 12 month high of $34.27. The company has a 50 day moving average of $33.20 and a 200-day moving average of $31.57.
Hedge Funds Weigh In On Invesco ESG S&P 500 Equal Weight ETF
Several institutional investors have recently made changes to their positions in the stock. Invesco Ltd. lifted its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 4.3% in the 2nd quarter. Invesco Ltd. now owns 41,102 shares of the company’s stock worth $1,132,000 after purchasing an additional 1,702 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 2.8% during the second quarter. Bank of America Corp DE now owns 24,788 shares of the company’s stock worth $683,000 after acquiring an additional 667 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Invesco ESG S&P 500 Equal Weight ETF by 172.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 15,997 shares of the company’s stock valued at $441,000 after purchasing an additional 10,116 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in Invesco ESG S&P 500 Equal Weight ETF in the 3rd quarter valued at about $222,000. Finally, Bond & Devick Financial Network Inc. boosted its stake in Invesco ESG S&P 500 Equal Weight ETF by 13.0% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 12,270 shares of the company’s stock valued at $366,000 after purchasing an additional 1,416 shares during the period.
Invesco ESG S&P 500 Equal Weight ETF Company Profile
The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.
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