Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Sees Large Decline in Short Interest

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,454 shares, a decrease of 57.1% from the January 29th total of 3,387 shares. Based on an average daily trading volume, of 12,883 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 12,883 shares, the short-interest ratio is presently 0.1 days.

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

RSPR stock traded down $0.13 during trading on Friday, reaching $35.72. 2,001 shares of the stock were exchanged, compared to its average volume of 13,601. Invesco S&P 500 Equal Weight Real Estate ETF has a 1 year low of $30.83 and a 1 year high of $37.23. The business has a 50 day moving average price of $34.48 and a 200-day moving average price of $34.55. The firm has a market capitalization of $102.86 million, a price-to-earnings ratio of 37.16 and a beta of 1.03.

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

A number of large investors have recently added to or reduced their stakes in RSPR. MML Investors Services LLC lifted its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% in the 4th quarter. MML Investors Services LLC now owns 11,157 shares of the company’s stock worth $375,000 after buying an additional 292 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 1.1% during the 4th quarter. Farther Finance Advisors LLC now owns 27,044 shares of the company’s stock valued at $909,000 after purchasing an additional 304 shares in the last quarter. Walker Asset Management LLC increased its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 4.2% during the 3rd quarter. Walker Asset Management LLC now owns 8,393 shares of the company’s stock worth $298,000 after purchasing an additional 342 shares during the last quarter. Koshinski Asset Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% in the 3rd quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after purchasing an additional 454 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 1.6% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 44,691 shares of the company’s stock worth $1,584,000 after buying an additional 723 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.