Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,760 shares, a decrease of 38.7% from the May 31st total of 27,329 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 46,332 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of institutional investors have recently modified their holdings of RSPS. Western Wealth Management LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the first quarter worth approximately $53,000. Bank of America Corp DE boosted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 15.6% during the 1st quarter. Bank of America Corp DE now owns 298,298 shares of the company’s stock valued at $8,800,000 after acquiring an additional 40,189 shares in the last quarter. Royal Bank of Canada boosted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 45.1% during the 1st quarter. Royal Bank of Canada now owns 20,784 shares of the company’s stock valued at $614,000 after acquiring an additional 6,461 shares in the last quarter. Lido Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.9% in the first quarter. Lido Advisors LLC now owns 14,778 shares of the company’s stock valued at $436,000 after purchasing an additional 1,083 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 14.3% in the 1st quarter. Cetera Investment Advisers now owns 200,974 shares of the company’s stock worth $5,929,000 after buying an additional 25,206 shares during the last quarter.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.7%

Shares of NYSEARCA RSPS traded up $0.50 during mid-day trading on Thursday, reaching $30.78. The company had a trading volume of 321,479 shares, compared to its average volume of 103,182. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.21 and a 52 week high of $33.37. The business’s 50-day moving average is $29.89 and its 200-day moving average is $30.32. The stock has a market cap of $241.93 million, a price-to-earnings ratio of 17.33 and a beta of 0.43.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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