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

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 22,841 shares, an increase of 76.9% from the January 29th total of 12,913 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 59,565 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 59,565 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Asset Dedication LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter worth about $26,000. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth approximately $29,000. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at approximately $34,000. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock valued at $70,000 after buying an additional 1,184 shares in the last quarter. Finally, CX Institutional raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% during the 3rd quarter. CX Institutional now owns 2,899 shares of the company’s stock worth $167,000 after buying an additional 2,799 shares during the period.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 0.6%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock opened at $58.99 on Monday. The firm has a market cap of $227.70 million, a PE ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12 month low of $43.47 and a 12 month high of $60.34. The stock’s 50 day simple moving average is $58.72 and its two-hundred day simple moving average is $57.57.

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

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