Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Down 68.7% in January

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 3,387 shares, a decline of 68.7% from the January 15th total of 10,831 shares. Based on an average daily volume of 13,009 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 13,009 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 0.4%

RSPR stock traded down $0.14 on Wednesday, hitting $35.30. The company had a trading volume of 8,969 shares, compared to its average volume of 13,454. Invesco S&P 500 Equal Weight Real Estate ETF has a 12-month low of $30.83 and a 12-month high of $37.23. The stock has a market cap of $101.66 million, a price-to-earnings ratio of 37.16 and a beta of 1.03. The stock’s 50-day simple moving average is $33.98 and its 200 day simple moving average is $34.50.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Real Estate ETF

Hedge funds have recently modified their holdings of the business. IFP Advisors Inc grew 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 period. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 27.1% in the third quarter. Raymond James Financial Inc. now owns 160,659 shares of the company’s stock worth $5,696,000 after buying an additional 34,218 shares in the last quarter. Sound Income Strategies LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter valued at about $1,921,000. Gerber Kawasaki Wealth & Investment Management grew its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 1.6% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 44,691 shares of the company’s stock valued at $1,584,000 after buying an additional 723 shares in the last quarter. Finally, Equitable Holdings Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12.8% in the third quarter. Equitable Holdings Inc. now owns 41,817 shares of the company’s stock valued at $1,483,000 after purchasing an additional 4,755 shares in the last quarter.

About Invesco S&P 500 Equal Weight Real Estate ETF

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.