Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM) Sees Significant Decrease in Short Interest

Posted by Patrick Bannon on Jul 1st, 2026

Invesco S&P 500 Equal Weight Materials ETF (NYSEARCA:RSPM – Get Free Report) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 8,122 shares, a decline of 52.6% from the May 31st total of 17,134 shares. Based on an average trading volume of 11,825 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Materials ETF Price Performance

Shares of RSPM traded up $0.08 during midday trading on Wednesday, reaching $38.72. The stock had a trading volume of 33,277 shares, compared to its average volume of 28,662. Invesco S&P 500 Equal Weight Materials ETF has a 1-year low of $30.98 and a 1-year high of $41.42. The company’s fifty day simple moving average is $39.16 and its two-hundred day simple moving average is $38.20. The company has a market cap of $179.27 million, a price-to-earnings ratio of 21.25 and a beta of 0.92.

Institutional Trading of Invesco S&P 500 Equal Weight Materials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF during the 4th quarter worth about $27,000. Nemes Rush Group LLC acquired a new stake in Invesco S&P 500 Equal Weight Materials ETF in the fourth quarter valued at about $27,000. Jones Financial Companies Lllp boosted its holdings in Invesco S&P 500 Equal Weight Materials ETF by 591.0% in the 1st quarter. Jones Financial Companies Lllp now owns 4,630 shares of the company’s stock valued at $141,000 after purchasing an additional 3,960 shares in the last quarter. Ameriprise Financial Inc. purchased a new stake in Invesco S&P 500 Equal Weight Materials ETF in the 2nd quarter valued at approximately $212,000. Finally, IMC Chicago LLC acquired a new position in Invesco S&P 500 Equal Weight Materials ETF during the 1st quarter worth approximately $267,000.

About Invesco S&P 500 Equal Weight Materials ETF

(Get Free Report)

The Invesco S&P 500 Equal Weight Materials ETF (RSPM) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Materials index. The fund tracks an equal-weighted index of US materials companies in the S&P 500. RSPM was launched on Nov 1, 2006 and is managed by Invesco.