Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Declines By 70.0%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 13,050 shares, a decrease of 70.0% from the May 14th total of 43,481 shares. Based on an average daily volume of 7,520 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the company’s shares are sold short.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

Shares of Invesco ESG S&P 500 Equal Weight ETF stock traded up $0.09 on Thursday, hitting $32.81. 4,421 shares of the company’s stock traded hands, compared to its average volume of 14,575. Invesco ESG S&P 500 Equal Weight ETF has a one year low of $26.63 and a one year high of $33.57. The company has a fifty day moving average of $31.69 and a two-hundred day moving average of $30.82. The company has a market capitalization of $57.42 million, a price-to-earnings ratio of 19.91 and a beta of 0.96.

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

Several institutional investors and hedge funds have recently made changes to their positions in RSPE. Invesco Ltd. boosted its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 4.3% during the 2nd quarter. Invesco Ltd. now owns 41,102 shares of the company’s stock valued at $1,132,000 after purchasing an additional 1,702 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 2.8% during the 2nd quarter. Bank of America Corp DE now owns 24,788 shares of the company’s stock valued at $683,000 after purchasing an additional 667 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 172.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 15,997 shares of the company’s stock valued at $441,000 after purchasing an additional 10,116 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $222,000. Finally, Focus Partners Advisor Solutions LLC acquired a new position in Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $497,000.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

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.