Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Sees Significant Decrease in Short Interest

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 19,995 shares, a decrease of 55.6% from the November 30th total of 44,998 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 91,138 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 91,138 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

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

Shares of NYSEARCA RSPS traded up $0.05 during mid-day trading on Friday, reaching $29.24. 105,557 shares of the company traded hands, compared to its average volume of 61,911. The stock has a market cap of $237.72 million, a PE ratio of 17.33 and a beta of 0.49. Invesco S&P 500 Equal Weight Consumer Staples ETF has a fifty-two week low of $28.21 and a fifty-two week high of $32.05. The company’s fifty day moving average is $29.24 and its two-hundred day moving average is $29.81.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Staples ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Legend Financial Advisors Inc. bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 2nd quarter worth approximately $33,000. AE Wealth Management LLC lifted its stake in 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 valued at $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 buying an additional 745 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after buying an additional 1,435 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the third quarter worth approximately $144,000.

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.