Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Down 66.8% in March

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 14,741 shares, a decrease of 66.8% from the March 15th total of 44,385 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 86,673 shares, the short-interest ratio is currently 0.2 days.

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

Large investors have recently modified their holdings of the stock. Howe & Rusling Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% during the third quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock worth $61,000 after purchasing an additional 745 shares in the last quarter. CWM LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% during the fourth quarter. CWM LLC now owns 3,518 shares of the company’s stock worth $102,000 after purchasing an additional 2,643 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% in the third quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after purchasing an additional 1,435 shares during the period. Advisory Services Network LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 3rd quarter worth about $144,000. Finally, Strive Financial Group LLC bought a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the 4th quarter worth about $191,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Down 1.2%

Shares of NYSEARCA:RSPS opened at $29.54 on Friday. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12 month low of $28.21 and a 12 month high of $33.37. The company’s 50-day moving average price is $31.18 and its two-hundred day moving average price is $30.05. The firm has a market cap of $252.57 million, a P/E ratio of 17.33 and a beta of 0.46.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

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.