Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 45,696 shares, an increase of 2,607.1% from the May 31st total of 1,688 shares. Approximately 1.7% of the company’s shares are short sold. Based on an average daily volume of 29,133 shares, the short-interest ratio is currently 1.6 days.
Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Real Estate ETF
Several institutional investors and hedge funds have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12,528.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 884 shares of the company’s stock worth $30,000 after buying an additional 877 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% during the third quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after acquiring an additional 454 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the fourth quarter valued at approximately $258,000. Clearstead Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the fourth quarter valued at approximately $279,000. Finally, Walker Asset Management LLC lifted its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 5.9% in the first quarter. Walker Asset Management LLC now owns 8,528 shares of the company’s stock worth $283,000 after acquiring an additional 477 shares during the period.
Invesco S&P 500 Equal Weight Real Estate ETF Stock Performance
Shares of NYSEARCA RSPR traded up $0.13 during trading hours on Thursday, hitting $36.70. The company’s stock had a trading volume of 15,421 shares, compared to its average volume of 14,698. The stock has a market cap of $100.19 million, a price-to-earnings ratio of 37.16 and a beta of 0.94. Invesco S&P 500 Equal Weight Real Estate ETF has a 12 month low of $32.41 and a 12 month high of $37.68. The business has a 50-day simple moving average of $36.09 and a 200-day simple moving average of $34.90.
Invesco S&P 500 Equal Weight Real Estate ETF Company Profile
The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.
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