Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) Short Interest Down 36.4% in June

Invesco Global Listed Private Equity ETF (NYSEARCA:PSP) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 142,333 shares, a decrease of 36.4% from the May 31st total of 223,710 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 64,639 shares, the short-interest ratio is presently 2.2 days.

Invesco Global Listed Private Equity ETF Trading Up 1.8%

PSP traded up $1.00 on Thursday, reaching $57.26. The stock had a trading volume of 46,073 shares, compared to its average volume of 67,265. Invesco Global Listed Private Equity ETF has a fifty-two week low of $54.12 and a fifty-two week high of $72.97. The firm has a 50-day moving average of $59.30 and a 200-day moving average of $61.74. The company has a market capitalization of $245.65 million, a price-to-earnings ratio of 14.07 and a beta of 1.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PSP. JPMorgan Chase & Co. raised its holdings in Invesco Global Listed Private Equity ETF by 825.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 537 shares of the company’s stock valued at $37,000 after buying an additional 479 shares during the last quarter. Manchester Capital Management LLC boosted its position in Invesco Global Listed Private Equity ETF by 55.6% during the 4th quarter. Manchester Capital Management LLC now owns 700 shares of the company’s stock worth $47,000 after buying an additional 250 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco Global Listed Private Equity ETF by 383.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,150 shares of the company’s stock worth $77,000 after acquiring an additional 912 shares during the last quarter. Private Trust Co. NA grew its holdings in Invesco Global Listed Private Equity ETF by 48.1% during the 4th quarter. Private Trust Co. NA now owns 1,380 shares of the company’s stock worth $93,000 after acquiring an additional 448 shares during the last quarter. Finally, MAI Capital Management increased its position in Invesco Global Listed Private Equity ETF by 16.5% in the 3rd quarter. MAI Capital Management now owns 2,147 shares of the company’s stock valued at $148,000 after acquiring an additional 304 shares during the period. Institutional investors and hedge funds own 70.39% of the company’s stock.

About Invesco Global Listed Private Equity ETF

PowerShares Global Listed Private Equity Portfolio (the Fund) is based on the Global Listed Private Equity Index (Index). The Fund focuses to invest at least 90% of its total assets in securities, which may include American depository receipts (ADRs) and global depository receipts (GDRs), which comprises the Index. The Index includes between 40 and 60 publicly listed private equity companies, including business development companies and other financial institutions or vehicles whose principal business is to invest in and lend capital to privately held companies.