Short Interest in Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) Decreases By 36.4%

Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 142,333 shares, a decline of 36.4% from the May 31st total of 223,710 shares. Based on an average trading volume of 64,639 shares, the short-interest ratio is presently 2.2 days. Approximately 3.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco Global Listed Private Equity ETF

Several institutional investors have recently made changes to their positions in the stock. Triumph Capital Management boosted its position in shares of Invesco Global Listed Private Equity ETF by 5.2% during the 3rd quarter. Triumph Capital Management now owns 4,135 shares of the company’s stock worth $285,000 after purchasing an additional 204 shares in the last quarter. LFA Lugano Financial Advisors SA increased its position in Invesco Global Listed Private Equity ETF by 1.5% in the 1st quarter. LFA Lugano Financial Advisors SA now owns 16,144 shares of the company’s stock valued at $912,000 after buying an additional 238 shares in the last quarter. Manchester Capital Management LLC increased its position in Invesco Global Listed Private Equity ETF by 55.6% in the 4th quarter. Manchester Capital Management LLC now owns 700 shares of the company’s stock valued at $47,000 after buying an additional 250 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Invesco Global Listed Private Equity ETF by 0.6% during the 4th quarter. Farther Finance Advisors LLC now owns 46,464 shares of the company’s stock worth $3,117,000 after buying an additional 280 shares during the period. Finally, MAI Capital Management raised its stake in Invesco Global Listed Private Equity ETF by 16.5% during the 3rd quarter. MAI Capital Management now owns 2,147 shares of the company’s stock worth $148,000 after buying an additional 304 shares during the period. Institutional investors and hedge funds own 70.39% of the company’s stock.

Invesco Global Listed Private Equity ETF Price Performance

Shares of NYSEARCA PSP opened at $57.07 on Friday. The firm has a market cap of $244.83 million, a PE ratio of 14.07 and a beta of 1.26. Invesco Global Listed Private Equity ETF has a 12-month low of $54.12 and a 12-month high of $72.97. The company’s fifty day simple moving average is $59.09 and its 200 day simple moving average is $61.63.

About Invesco Global Listed Private Equity ETF

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index. The Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.