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) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 73,270 shares, an increase of 337.2% from the June 15th total of 16,760 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 69,230 shares, the days-to-cover ratio is currently 1.1 days.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 0.4%

Shares of RSPS stock opened at $30.52 on Tuesday. The firm has a 50 day moving average of $30.05 and a two-hundred day moving average of $30.37. The stock has a market capitalization of $248.74 million, a PE ratio of 17.33 and a beta of 0.43. 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.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 1st quarter worth $53,000. CWM LLC grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% during the fourth quarter. CWM LLC now owns 3,518 shares of the company’s stock worth $102,000 after buying an additional 2,643 shares in the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the third 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. Advisory Services Network LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF in the third quarter valued at approximately $144,000. Finally, Strive Financial Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF in the fourth quarter valued at approximately $191,000.

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.