Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Short Interest Down 56.5% in May

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 8,001 shares, a decline of 56.5% from the April 30th total of 18,399 shares. Based on an average trading volume of 76,849 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.5%

RSPU stock traded down $0.37 during trading on Friday, reaching $78.76. The stock had a trading volume of 35,785 shares, compared to its average volume of 52,086. The firm has a market cap of $562.35 million, a PE ratio of 18.42 and a beta of 0.60. The stock’s 50 day moving average is $80.52 and its two-hundred day moving average is $78.77. Invesco S&P 500 Equal Weight Utilities ETF has a 52 week low of $69.73 and a 52 week high of $84.52.

Institutional Trading of Invesco S&P 500 Equal Weight Utilities ETF

Large investors have recently added to or reduced their stakes in the business. Dakota Wealth Management lifted its position in Invesco S&P 500 Equal Weight Utilities ETF by 0.4% during the fourth quarter. Dakota Wealth Management now owns 32,593 shares of the company’s stock valued at $2,437,000 after purchasing an additional 136 shares in the last quarter. Advisory Alpha LLC increased its position in Invesco S&P 500 Equal Weight Utilities ETF by 1.5% in the fourth quarter. Advisory Alpha LLC now owns 10,721 shares of the company’s stock worth $802,000 after buying an additional 159 shares in the last quarter. Stifel Financial Corp raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 0.6% in the fourth quarter. Stifel Financial Corp now owns 25,894 shares of the company’s stock worth $1,936,000 after buying an additional 159 shares during the period. Joseph P. Lucia & Associates LLC raised its stake in shares of Invesco S&P 500 Equal Weight Utilities ETF by 2.4% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 7,172 shares of the company’s stock worth $536,000 after buying an additional 167 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 0.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 19,617 shares of the company’s stock valued at $1,591,000 after buying an additional 167 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.