Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Decreases By 74.9%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 5,072 shares, a decline of 74.9% from the November 30th total of 20,241 shares. Based on an average daily volume of 5,025 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 5,025 shares, the days-to-cover ratio is currently 1.0 days.

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

Several hedge funds have recently added to or reduced their stakes in RSPE. Focus Partners Advisor Solutions LLC acquired a new position in Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $497,000. Tower Research Capital LLC TRC raised its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 84.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 29,463 shares of the company’s stock valued at $851,000 after purchasing an additional 13,466 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the 2nd quarter worth $220,000. Envestnet Asset Management Inc. acquired a new position in shares of Invesco ESG S&P 500 Equal Weight ETF during the third quarter worth $222,000. Finally, Birch Hill Investment Advisors LLC grew its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 24.8% during the second quarter. Birch Hill Investment Advisors LLC now owns 11,184 shares of the company’s stock worth $308,000 after purchasing an additional 2,225 shares in the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

RSPE stock remained flat at $30.14 during mid-day trading on Friday. The company’s stock had a trading volume of 2,928 shares, compared to its average volume of 8,130. The company has a market cap of $30.14 million, a P/E ratio of 19.91 and a beta of 0.99. The company has a fifty day moving average of $29.27 and a two-hundred day moving average of $28.53. Invesco ESG S&P 500 Equal Weight ETF has a 52 week low of $22.59 and a 52 week high of $30.18.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.