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

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 13,010 shares, a decline of 56.0% from the December 31st total of 29,580 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 30,002 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 30,002 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Asset Dedication LLC purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter valued at about $26,000. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter valued at approximately $29,000. Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock worth $70,000 after acquiring an additional 1,184 shares in the last quarter. CX Institutional increased its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% during the third quarter. CX Institutional now owns 2,899 shares of the company’s stock worth $167,000 after acquiring an additional 2,799 shares during the period. Finally, Lion Street Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the third quarter valued at $170,000.

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

Shares of NYSEARCA RSPD traded up $0.28 during mid-day trading on Thursday, reaching $58.44. 80,225 shares of the company’s stock were exchanged, compared to its average volume of 28,859. The company’s 50-day moving average is $57.78 and its 200-day moving average is $57.04. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 52-week low of $43.47 and a 52-week high of $59.99. The firm has a market capitalization of $229.67 million, a price-to-earnings ratio of 17.03 and a beta of 1.21.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.