Short Interest in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Drops By 63.8%

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 1,067 shares, a drop of 63.8% from the April 30th total of 2,945 shares. Based on an average daily trading volume, of 28,193 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 1.2%

Shares of Invesco S&P 500 Equal Weight Real Estate ETF stock traded down $0.42 during trading on Friday, reaching $35.91. The company’s stock had a trading volume of 8,985 shares, compared to its average volume of 12,993. The company has a 50-day moving average price of $34.95 and a two-hundred day moving average price of $34.53. Invesco S&P 500 Equal Weight Real Estate ETF has a fifty-two week low of $32.41 and a fifty-two week high of $36.62. The firm has a market cap of $98.03 million, a PE ratio of 37.16 and a beta of 0.95.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of RSPR. Steward Partners Investment Advisory LLC grew its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 12,528.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 884 shares of the company’s stock valued at $30,000 after acquiring an additional 877 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the fourth quarter valued at about $258,000. Koshinski Asset Management Inc. grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% in the third 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 during the last quarter. Clearstead Advisors LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the fourth quarter valued at approximately $279,000. Finally, Walker Asset Management LLC increased its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 5.9% during the 1st quarter. Walker Asset Management LLC now owns 8,528 shares of the company’s stock worth $283,000 after purchasing an additional 477 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.