Short Interest in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Grows By 50.6%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 34,394 shares, an increase of 50.6% from the February 12th total of 22,841 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 176,884 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 176,884 shares, the short-interest ratio is currently 0.2 days. Approximately 0.9% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Consumer Discretionary ETF

A number of large investors have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11.6% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 720,557 shares of the company’s stock valued at $41,576,000 after acquiring an additional 74,684 shares in the last quarter. Park Avenue Securities LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 14.8% in the 3rd quarter. Park Avenue Securities LLC now owns 78,653 shares of the company’s stock worth $4,538,000 after purchasing an additional 10,155 shares in the last quarter. Leuthold Group LLC lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 187.4% in the 3rd quarter. Leuthold Group LLC now owns 68,409 shares of the company’s stock worth $3,947,000 after purchasing an additional 44,604 shares during the period. Scotia Capital Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 21.4% in the 2nd quarter. Scotia Capital Inc. now owns 51,552 shares of the company’s stock worth $2,743,000 after purchasing an additional 9,074 shares during the period. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter valued at about $577,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

Shares of NYSEARCA:RSPD opened at $54.08 on Monday. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1 year low of $43.47 and a 1 year high of $60.34. The company has a market cap of $208.75 million, a PE ratio of 17.03 and a beta of 1.21. The stock’s 50-day moving average is $58.43 and its 200 day moving average is $57.46.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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.