Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Update

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,067 shares, a decline of 63.8% from the April 30th total of 2,945 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 28,193 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Invesco S&P 500 Equal Weight Real Estate ETF

A number of institutional investors and hedge funds have recently modified their holdings of RSPR. Goldman Sachs Group Inc. increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% during the first quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock valued at $899,000 after purchasing an additional 15,467 shares during the period. Quantinno Capital Management LP increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12.7% during the second quarter. Quantinno Capital Management LP now owns 11,463 shares of the company’s stock valued at $402,000 after purchasing an additional 1,292 shares during the period. Raymond James Financial Inc. increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 27.8% during the second quarter. Raymond James Financial Inc. now owns 126,441 shares of the company’s stock valued at $4,429,000 after purchasing an additional 27,521 shares during the period. Jane Street Group LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the second quarter valued at approximately $306,000. Finally, Bank of America Corp DE increased its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% during the second quarter. Bank of America Corp DE now owns 29,712 shares of the company’s stock valued at $1,041,000 after purchasing an additional 789 shares during the period.

Invesco S&P 500 Equal Weight Real Estate ETF Price Performance

Shares of RSPR traded down $0.28 on Monday, reaching $35.63. 3,847 shares of the stock traded hands, compared to its average volume of 12,903. The firm has a market cap of $97.27 million, a price-to-earnings ratio of 37.16 and a beta of 0.95. Invesco S&P 500 Equal Weight Real Estate ETF has a 12 month low of $32.41 and a 12 month high of $36.62. The stock’s 50-day moving average price is $34.95 and its 200-day moving average price is $34.53.

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.