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

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 5,239 shares, a drop of 58.3% from the September 15th total of 12,565 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 5,064 shares, the short-interest ratio is presently 1.0 days.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

Shares of RSPE stock traded up $0.01 during trading on Tuesday, hitting $34.11. 2,886 shares of the stock traded hands, compared to its average volume of 11,653. The firm has a market capitalization of $71.63 million, a P/E ratio of 19.91 and a beta of 0.95. The firm’s fifty day moving average price is $34.45 and its 200-day moving average price is $33.18. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $28.02 and a 52-week high of $35.35.

Institutional Investors Weigh In On Invesco ESG S&P 500 Equal Weight ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Eastern Bank acquired a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the 3rd quarter valued at $18,537,000. Citadel Advisors LLC purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF during the 2nd quarter worth $1,096,000. Community Financial Services Group LLC grew its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 101.7% during the 2nd quarter. Community Financial Services Group LLC now owns 12,379 shares of the company’s stock worth $421,000 after purchasing an additional 6,241 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 7.0% during the 1st quarter. Bank of America Corp DE now owns 26,505 shares of the company’s stock worth $780,000 after purchasing an additional 1,732 shares during the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

(Get Free Report)

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.

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