Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 49,857 shares, a decrease of 23.5% from the January 15th total of 65,205 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 126,155 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 126,155 shares, the short-interest ratio is presently 0.4 days. Approximately 0.6% of the company’s shares are sold short.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in RSPS. AE Wealth Management LLC lifted its position in Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% during the second quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock worth $41,000 after buying an additional 570 shares during the period. Howe & Rusling Inc. increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% during the 3rd quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock valued at $61,000 after acquiring an additional 745 shares during the last quarter. CWM LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% during the 4th quarter. CWM LLC now owns 3,518 shares of the company’s stock worth $102,000 after acquiring an additional 2,643 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after acquiring an additional 1,435 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the third quarter worth approximately $144,000.

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

RSPS stock traded up $0.06 during midday trading on Friday, hitting $33.09. The stock had a trading volume of 141,514 shares, compared to its average volume of 130,560. The firm has a market cap of $270.35 million, a PE ratio of 17.33 and a beta of 0.49. 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 $30.35 and its 200 day moving average price is $29.92.

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.