Short Interest in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Decreases By 48.3%

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,112 shares, a drop of 48.3% from the June 30th total of 4,085 shares. Based on an average daily volume of 9,607 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. MML Investors Services LLC boosted its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% in the 4th quarter. MML Investors Services LLC now owns 11,157 shares of the company’s stock valued at $375,000 after purchasing an additional 292 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 1.1% in the 4th quarter. Farther Finance Advisors LLC now owns 27,044 shares of the company’s stock worth $909,000 after buying an additional 304 shares during the last quarter. Walker Asset Management LLC increased its position in Invesco S&P 500 Equal Weight Real Estate ETF by 5.2% during the 2nd quarter. Walker Asset Management LLC now owns 8,969 shares of the company’s stock valued at $328,000 after purchasing an additional 441 shares during the period. Lido Advisors LLC raised its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 5.4% in the first quarter. Lido Advisors LLC now owns 11,412 shares of the company’s stock worth $379,000 after buying an additional 588 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% during the second quarter. Bank of America Corp DE now owns 29,712 shares of the company’s stock valued at $1,041,000 after purchasing an additional 789 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Up 0.0%

Shares of Invesco S&P 500 Equal Weight Real Estate ETF stock traded up $0.01 during trading on Wednesday, hitting $37.81. The stock had a trading volume of 10,719 shares, compared to its average volume of 14,379. Invesco S&P 500 Equal Weight Real Estate ETF has a 12 month low of $32.41 and a 12 month high of $38.00. The firm has a market cap of $107.76 million, a price-to-earnings ratio of 37.16 and a beta of 0.93. The business’s 50-day moving average is $36.70 and its 200 day moving average is $35.46.

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.