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) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 37,481 shares, a decrease of 93.7% from the July 30th total of 598,136 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 57,065 shares, the short-interest ratio is presently 0.7 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 0.3%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded down $0.20 during midday trading on Tuesday, reaching $57.74. The stock had a trading volume of 71,894 shares, compared to its average volume of 57,185. The firm has a market cap of $331.43 million, a price-to-earnings ratio of 17.03 and a beta of 1.09. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 52-week low of $50.97 and a 52-week high of $60.34. The company has a fifty day moving average of $56.47 and a 200 day moving average of $55.90.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Several hedge funds and other institutional investors have recently modified their holdings of RSPD. Walker Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 4.7% during the 2nd quarter. Walker Asset Management LLC now owns 22,875 shares of the company’s stock worth $1,281,000 after acquiring an additional 1,033 shares during the last quarter. Lido Advisors LLC grew its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 7.7% in the 1st quarter. Lido Advisors LLC now owns 11,007 shares of the company’s stock valued at $589,000 after acquiring an additional 784 shares during the last quarter. IMC Chicago LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 1st quarter valued at $480,000. Harel Insurance Investments & Financial Services Ltd. grew its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.8% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 871,842 shares of the company’s stock valued at $46,668,000 after acquiring an additional 47,490 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the first quarter worth $26,000.

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.