Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) Stock Short Interest Report for October

Invesco S&P 500 Equal Weight Technology ETF (NYSEARCA:RSPT) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 786,161 shares, an increase of 68.3% from the September 30th total of 467,216 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average trading volume of 875,602 shares, the short-interest ratio is currently 0.9 days.

Invesco S&P 500 Equal Weight Technology ETF Price Performance

NYSEARCA RSPT opened at $62.95 on Monday. Invesco S&P 500 Equal Weight Technology ETF has a one year low of $41.45 and a one year high of $69.45. The stock’s 50-day moving average is $65.33 and its 200-day moving average is $57.37. The firm has a market cap of $5.89 billion, a P/E ratio of 26.94 and a beta of 1.34.

Institutional Trading of Invesco S&P 500 Equal Weight Technology ETF

Institutional investors have recently modified their holdings of the company. RMG Wealth Management LLC acquired a new position in Invesco S&P 500 Equal Weight Technology ETF during the 1st quarter worth approximately $66,437,000. Bank of America Corp DE increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 26.7% in the 1st quarter. Bank of America Corp DE now owns 5,230,024 shares of the company’s stock valued at $236,711,000 after buying an additional 1,102,277 shares during the last quarter. Kingswood Wealth Advisors LLC increased its stake in Invesco S&P 500 Equal Weight Technology ETF by 5,005.7% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 267,234 shares of the company’s stock valued at $17,600,000 after buying an additional 262,000 shares during the last quarter. Cetera Investment Advisers lifted its position in Invesco S&P 500 Equal Weight Technology ETF by 54.6% during the 1st quarter. Cetera Investment Advisers now owns 341,701 shares of the company’s stock worth $15,465,000 after buying an additional 120,625 shares in the last quarter. Finally, Legacy Private Trust Co. bought a new stake in Invesco S&P 500 Equal Weight Technology ETF during the 3rd quarter worth about $6,498,000.

Invesco S&P 500 Equal Weight Technology ETF Company Profile

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an equal-weighted index of S&P 500 technology companies. RSPT was launched on Nov 1, 2006 and is managed by Invesco.