Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 26,803 shares, a decline of 46.5% from the June 15th total of 50,103 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 100,969 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 1.5%

Shares of RSPD traded up $0.83 on Thursday, hitting $56.32. 33,878 shares of the stock traded hands, compared to its average volume of 55,777. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1 year low of $50.97 and a 1 year high of $60.34. The stock’s 50 day moving average is $54.89 and its two-hundred day moving average is $56.22. The firm has a market capitalization of $306.94 million, a P/E ratio of 17.03 and a beta of 1.09.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.8% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 871,842 shares of the company’s stock worth $46,668,000 after purchasing an additional 47,490 shares during the last quarter. Wells Fargo & Company MN lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 22.7% during the fourth quarter. Wells Fargo & Company MN now owns 154,469 shares of the company’s stock worth $8,809,000 after buying an additional 28,616 shares during the period. Raymond James Financial Inc. lifted its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.3% during the third quarter. Raymond James Financial Inc. now owns 143,978 shares of the company’s stock worth $8,308,000 after buying an additional 1,825 shares during the period. Strategic Wealth Partners Ltd. boosted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2.5% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 138,119 shares of the company’s stock worth $7,969,000 after buying an additional 3,395 shares during the last quarter. Finally, Legend Financial Advisors Inc. boosted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.8% in the 4th quarter. Legend Financial Advisors Inc. now owns 130,086 shares of the company’s stock worth $7,419,000 after buying an additional 2,311 shares during the last quarter.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.