Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Sees Large Decrease in Short Interest

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 23 shares, a drop of 85.8% from the February 12th total of 162 shares. Based on an average daily trading volume, of 3,264 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,264 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC increased its position in Invesco MSCI Sustainable Future ETF by 55.5% in the first quarter. Jane Street Group LLC now owns 35,405 shares of the company’s stock worth $1,375,000 after buying an additional 12,640 shares during the period. Royal Bank of Canada boosted its holdings in shares of Invesco MSCI Sustainable Future ETF by 2.6% during the first quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock valued at $1,066,000 after acquiring an additional 687 shares during the period. Wells Fargo & Company MN grew its position in shares of Invesco MSCI Sustainable Future ETF by 45.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,930 shares of the company’s stock worth $327,000 after acquiring an additional 2,178 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Invesco MSCI Sustainable Future ETF by 12.0% during the fourth quarter. Kestra Advisory Services LLC now owns 5,601 shares of the company’s stock worth $264,000 after acquiring an additional 598 shares during the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Invesco MSCI Sustainable Future ETF by 17.0% in the 4th quarter. Bank of Montreal Can now owns 1,554 shares of the company’s stock worth $73,000 after acquiring an additional 226 shares during the period.

Invesco MSCI Sustainable Future ETF Price Performance

ERTH traded up $0.37 during trading on Tuesday, hitting $47.37. The company had a trading volume of 4,530 shares, compared to its average volume of 4,144. Invesco MSCI Sustainable Future ETF has a 1-year low of $34.06 and a 1-year high of $49.97. The company has a market cap of $142.11 million, a PE ratio of 21.14 and a beta of 1.06. The business has a 50-day moving average of $48.19 and a 200-day moving average of $47.50.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.