Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Sees Large Growth in Short Interest

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 23,858 shares, a growth of 323.3% from the April 15th total of 5,636 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average trading volume of 17,075 shares, the short-interest ratio is presently 1.4 days.

Invesco ESG S&P 500 Equal Weight ETF Trading Up 0.4%

Shares of NYSEARCA RSPE traded up $0.14 during mid-day trading on Thursday, hitting $32.15. The company had a trading volume of 2,742 shares, compared to its average volume of 16,458. The company has a market capitalization of $56.26 million, a PE ratio of 19.91 and a beta of 0.96. The firm has a 50-day simple moving average of $30.60 and a two-hundred day simple moving average of $30.30. Invesco ESG S&P 500 Equal Weight ETF has a one year low of $25.98 and a one year high of $32.27.

Hedge Funds Weigh In On Invesco ESG S&P 500 Equal Weight ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada bought a new position in Invesco ESG S&P 500 Equal Weight ETF during the fourth quarter worth about $36,000. Envestnet Asset Management Inc. bought a new position in Invesco ESG S&P 500 Equal Weight ETF during the third quarter worth about $222,000. Sepio Capital LP bought a new position in Invesco ESG S&P 500 Equal Weight ETF during the fourth quarter worth about $258,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in Invesco ESG S&P 500 Equal Weight ETF during the fourth quarter worth about $305,000. Finally, Osaic Holdings Inc. grew its holdings in Invesco ESG S&P 500 Equal Weight ETF by 12.5% during the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock worth $322,000 after purchasing an additional 1,205 shares during the period.

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.