Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Stock Short Interest Report for October

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 3,522 shares, a decrease of 67.6% from the October 15th total of 10,875 shares. Based on an average daily volume of 167,190 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

Invesco S&P 500 Equal Weight Financials ETF Trading Up 0.8%

Shares of NYSEARCA RSPF traded up $0.65 during midday trading on Friday, reaching $85.10. The company had a trading volume of 13,335 shares, compared to its average volume of 32,736. The business’s 50-day simple moving average is $81.26 and its 200 day simple moving average is $78.48. The stock has a market cap of $333.60 million, a P/E ratio of 15.24 and a beta of 0.85. Invesco S&P 500 Equal Weight Financials ETF has a 1 year low of $69.04 and a 1 year high of $86.96.

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

Large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.6% in the 1st quarter. Bank of America Corp DE now owns 252,117 shares of the company’s stock valued at $17,999,000 after acquiring an additional 6,433 shares during the period. WestEnd Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Financials ETF in the 3rd quarter worth $2,522,000. Perryman Financial Advisory Inc. AD acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 3rd quarter worth about $616,000. Lido Advisors LLC acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF during the 3rd quarter worth about $1,026,000. Finally, Joseph Group Capital Management lifted its position in Invesco S&P 500 Equal Weight Financials ETF by 1.7% during the 3rd quarter. Joseph Group Capital Management now owns 110,351 shares of the company’s stock worth $8,542,000 after acquiring an additional 1,853 shares during the period.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.