Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS – Get Free Report) was the target of 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. Based on an average daily volume of 69,230 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the shares of the company are sold short.
Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 1.3%
Shares of NYSEARCA RSPS traded up $0.40 during midday trading on Friday, reaching $30.46. 50,117 shares of the stock were exchanged, compared to its average volume of 100,958. The firm has a market cap of $248.25 million, a price-to-earnings ratio of 17.33 and a beta of 0.43. Invesco S&P 500 Equal Weight Consumer Staples ETF has a twelve month low of $28.21 and a twelve month high of $33.37. The firm has a 50-day simple moving average of $30.03 and a two-hundred day simple moving average of $30.35.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Walker Asset Management LLC grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 5.6% during the 2nd quarter. Walker Asset Management LLC now owns 19,574 shares of the company’s stock valued at $587,000 after acquiring an additional 1,030 shares during the period. Western Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the 1st quarter valued at about $53,000. Bank of America Corp DE raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 15.6% in the 1st quarter. Bank of America Corp DE now owns 298,298 shares of the company’s stock worth $8,800,000 after purchasing an additional 40,189 shares during the period. Royal Bank of Canada raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 45.1% in the 1st quarter. Royal Bank of Canada now owns 20,784 shares of the company’s stock worth $614,000 after purchasing an additional 6,461 shares during the period. Finally, Lido Advisors LLC boosted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.9% during the first quarter. Lido Advisors LLC now owns 14,778 shares of the company’s stock worth $436,000 after purchasing an additional 1,083 shares in the last quarter.
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.
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