Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Short Interest Update

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 43,481 shares, a growth of 82.2% from the April 30th total of 23,858 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily volume of 21,392 shares, the short-interest ratio is currently 2.0 days.

Invesco ESG S&P 500 Equal Weight ETF Stock Down 0.2%

Shares of NYSEARCA RSPE opened at $33.25 on Thursday. Invesco ESG S&P 500 Equal Weight ETF has a twelve month low of $26.63 and a twelve month high of $33.34. The stock’s 50 day moving average price is $31.29 and its 200-day moving average price is $30.66. The company has a market capitalization of $58.19 million, a PE ratio of 19.91 and a beta of 0.96.

Hedge Funds Weigh In On Invesco ESG S&P 500 Equal Weight ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the 4th quarter worth approximately $36,000. Envestnet Asset Management Inc. purchased a new position in Invesco ESG S&P 500 Equal Weight ETF in the third quarter valued at approximately $222,000. Sepio Capital LP purchased a new position in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $258,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $305,000. Finally, Osaic Holdings Inc. lifted its stake in Invesco ESG S&P 500 Equal Weight ETF by 12.5% in the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock valued at $322,000 after purchasing an additional 1,205 shares during the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.