Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Shares Shorted: Short Interest Down 57.6% in September

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 47,868 shares, a decrease of 57.6% from the September 15th total of 112,787 shares. Based on an average trading volume of 93,231 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Performance

Shares of Invesco S&P 500 Equal Weight Consumer Staples ETF stock remained flat at $29.76 during midday trading on Tuesday. 92,506 shares of the stock traded hands, compared to its average volume of 131,131. The company’s fifty day moving average price is $30.36 and its 200 day moving average price is $30.13. The company has a market cap of $443.42 million, a PE ratio of 17.33 and a beta of 0.43. Invesco S&P 500 Equal Weight Consumer Staples ETF has a twelve month low of $28.21 and a twelve month high of $33.37.

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

Several large investors have recently bought and sold shares of RSPS. Integrated Wealth Concepts LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the second quarter worth about $39,000. Western Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 1st quarter valued at approximately $53,000. Envestnet Portfolio Solutions Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter valued at approximately $268,000. Strive Financial Group LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.2% in the 2nd quarter. Strive Financial Group LLC now owns 10,040 shares of the company’s stock valued at $301,000 after acquiring an additional 678 shares in the last quarter. Finally, Lido Advisors LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.9% in the 1st quarter. Lido Advisors LLC now owns 14,778 shares of the company’s stock worth $436,000 after acquiring an additional 1,083 shares during the period.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

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.