Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Declines By 64.6%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 11,652 shares, a decrease of 64.6% from the August 15th total of 32,885 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 9,178 shares, the days-to-cover ratio is currently 1.3 days.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

NYSEARCA RSPE traded up $0.33 during trading hours on Friday, reaching $34.32. 7,081 shares of the stock traded hands, compared to its average volume of 12,480. The stock has a 50 day simple moving average of $34.53 and a two-hundred day simple moving average of $32.67. Invesco ESG S&P 500 Equal Weight ETF has a 1 year low of $28.02 and a 1 year high of $35.35. The company has a market cap of $68.64 million, a price-to-earnings ratio of 19.91 and a beta of 0.95.

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

A number of large investors have recently modified their holdings of RSPE. Citadel Advisors LLC purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the 2nd quarter valued at $1,096,000. Community Financial Services Group LLC raised its position in Invesco ESG S&P 500 Equal Weight ETF by 101.7% in the 2nd quarter. Community Financial Services Group LLC now owns 12,379 shares of the company’s stock worth $421,000 after purchasing an additional 6,241 shares during the period. Eastern Bank lifted its stake in Invesco ESG S&P 500 Equal Weight ETF by 47.4% in the second quarter. Eastern Bank now owns 566,258 shares of the company’s stock worth $19,202,000 after purchasing an additional 182,160 shares during the last quarter. Bank of America Corp DE lifted its stake in Invesco ESG S&P 500 Equal Weight ETF by 7.0% in the first quarter. Bank of America Corp DE now owns 26,505 shares of the company’s stock worth $780,000 after purchasing an additional 1,732 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Invesco ESG S&P 500 Equal Weight ETF by 7.6% in the fourth quarter. Invesco Ltd. now owns 43,484 shares of the company’s stock worth $1,295,000 after purchasing an additional 3,077 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.