Short Interest in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Rises By 2,607.1%

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 45,696 shares, an increase of 2,607.1% from the May 31st total of 1,688 shares. Approximately 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 29,133 shares, the short-interest ratio is currently 1.6 days.

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

A number of institutional investors have recently made changes to their positions in RSPR. Steward Partners Investment Advisory LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12,528.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 884 shares of the company’s stock worth $30,000 after purchasing an additional 877 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 4th quarter valued at $258,000. Koshinski Asset Management Inc. boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% during the 3rd quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after buying an additional 454 shares during the period. Clearstead Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 4th quarter valued at $279,000. Finally, Walker Asset Management LLC grew its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 5.9% in the 1st quarter. Walker Asset Management LLC now owns 8,528 shares of the company’s stock worth $283,000 after acquiring an additional 477 shares during the last quarter.

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

RSPR stock traded up $0.13 during trading on Thursday, hitting $36.70. 15,421 shares of the company traded hands, compared to its average volume of 14,698. The firm has a market capitalization of $100.19 million, a PE ratio of 37.16 and a beta of 0.94. Invesco S&P 500 Equal Weight Real Estate ETF has a 1 year low of $32.41 and a 1 year high of $37.68. The company has a 50-day moving average of $36.09 and a 200-day moving average of $34.90.

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.