Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Update

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 7,754 shares, an increase of 55.7% from the March 15th total of 4,980 shares. Based on an average daily trading volume, of 9,541 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are short sold.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Down 0.0%

Shares of NYSEARCA RSPR opened at $35.04 on Thursday. The company has a market capitalization of $96.71 million, a PE ratio of 37.16 and a beta of 0.98. The stock’s 50 day moving average price is $34.57 and its 200-day moving average price is $34.29. Invesco S&P 500 Equal Weight Real Estate ETF has a twelve month low of $32.41 and a twelve month high of $36.34.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the 3rd quarter valued at $1,921,000. IFP Advisors Inc lifted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 19.8% during the fourth quarter. IFP Advisors Inc now owns 281,946 shares of the company’s stock valued at $9,482,000 after purchasing an additional 46,630 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 27.1% during the third quarter. Raymond James Financial Inc. now owns 160,659 shares of the company’s stock worth $5,696,000 after purchasing an additional 34,218 shares during the period. Sykon Capital LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the fourth quarter worth about $898,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% in the first quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock worth $899,000 after purchasing an additional 15,467 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.