Short Interest in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Expands By 540.1%

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 5,991 shares, a growth of 540.1% from the December 15th total of 936 shares. Based on an average daily trading volume, of 33,708 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 33,708 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% in the first quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock valued at $899,000 after buying an additional 15,467 shares in the last quarter. Sheets Smith Wealth Management acquired a new stake in Invesco S&P 500 Equal Weight Real Estate ETF in the second quarter valued at approximately $739,000. Duncan Williams Asset Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the second quarter valued at approximately $234,000. IFP Advisors Inc raised its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.1% during the second quarter. IFP Advisors Inc now owns 308,087 shares of the company’s stock valued at $10,792,000 after purchasing an additional 6,219 shares during the period. Finally, Wealth Advisory Team LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the second quarter worth $201,000.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 0.1%

RSPR traded down $0.04 during trading on Monday, hitting $33.83. 23,530 shares of the company’s stock were exchanged, compared to its average volume of 13,347. Invesco S&P 500 Equal Weight Real Estate ETF has a 1 year low of $30.83 and a 1 year high of $37.23. The stock has a 50 day moving average price of $33.67 and a 200 day moving average price of $34.63. The firm has a market cap of $98.45 million, a P/E ratio of 37.16 and a beta of 1.03.

About Invesco S&P 500 Equal Weight Real Estate ETF

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.