Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Down 14.8% in February

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 54,718 shares, a decline of 14.8% from the February 12th total of 64,214 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily volume of 186,943 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 186,943 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are short sold.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.4%

Shares of RSPS opened at $30.58 on Monday. The business has a 50-day simple moving average of $31.44 and a two-hundred day simple moving average of $30.11. The stock has a market cap of $249.84 million, a price-to-earnings ratio of 17.33 and a beta of 0.49. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.21 and a 52 week high of $33.37.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 10.6% in the second quarter. Envestnet Asset Management Inc. now owns 109,967 shares of the company’s stock worth $3,296,000 after purchasing an additional 10,556 shares during the period. Private Wealth Group LLC raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 28.5% during the 3rd quarter. Private Wealth Group LLC now owns 87,066 shares of the company’s stock valued at $2,545,000 after purchasing an additional 19,294 shares during the period. Yoder Wealth Management Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 2.7% during the 3rd quarter. Yoder Wealth Management Inc. now owns 31,629 shares of the company’s stock valued at $924,000 after buying an additional 838 shares in the last quarter. Walker Asset Management LLC lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 7.8% during the 3rd quarter. Walker Asset Management LLC now owns 17,384 shares of the company’s stock valued at $508,000 after buying an additional 1,251 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the 2nd quarter worth $221,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Company Profile

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