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

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPSGet Free Report) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 38,680 shares, an increase of 285.1% from the April 15th total of 10,043 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 90,766 shares, the days-to-cover ratio is currently 0.4 days.

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

Institutional investors have recently modified their holdings of the company. Howe & Rusling Inc. lifted its holdings 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 period. CWM LLC lifted its holdings 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 valued at $102,000 after purchasing an additional 2,643 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings 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 valued at $144,000 after purchasing an additional 1,435 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the third quarter valued at $144,000. Finally, Strive Financial Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at $191,000.

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

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock traded down $0.15 during trading on Friday, hitting $29.54. The stock had a trading volume of 166,140 shares, compared to its average volume of 115,220. The firm has a market cap of $244.30 million, a P/E ratio of 17.33 and a beta of 0.43. The business has a fifty day moving average of $29.79 and a two-hundred day moving average of $30.09. 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 $33.37.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

(Get Free Report)

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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