Short Interest in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Decreases By 46.5%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 26,803 shares, a decrease of 46.5% from the June 15th total of 50,103 shares. Based on an average daily volume of 100,969 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the shares of the company are sold short.

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

Shares of RSPD traded down $0.84 during trading hours on Friday, reaching $55.48. 104,128 shares of the company’s stock traded hands, compared to its average volume of 56,135. The firm has a market capitalization of $302.37 million, a price-to-earnings ratio of 17.03 and a beta of 1.09. The business’s fifty day simple moving average is $54.91 and its two-hundred day simple moving average is $56.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a twelve month low of $50.97 and a twelve month high of $60.34.

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

Institutional investors have recently made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 14.4% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 824,352 shares of the company’s stock valued at $47,013,000 after acquiring an additional 103,795 shares in the last quarter. United Asset Strategies Inc. bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth approximately $3,145,000. Focus Partners Wealth bought a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter worth approximately $2,163,000. Sykon Capital LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the third quarter worth approximately $1,992,000. Finally, Precedent Wealth Partners LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter worth approximately $1,696,000.

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

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.