Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Short Interest Up 506.9% in January

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 26,821 shares, a growth of 506.9% from the January 15th total of 4,419 shares. Based on an average daily volume of 7,174 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.1% of the company’s stock are short sold. Approximately 2.1% of the company’s stock are short sold. Based on an average daily volume of 7,174 shares, the days-to-cover ratio is currently 3.7 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in RSPE. Blair William & Co. IL raised its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 17.0% in the 2nd quarter. Blair William & Co. IL now owns 2,826 shares of the company’s stock worth $78,000 after acquiring an additional 410 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter worth approximately $222,000. Kingsview Wealth Management LLC purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the second quarter worth approximately $220,000. GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter valued at approximately $305,000. Finally, Birch Hill Investment Advisors LLC boosted its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 24.8% during the second quarter. Birch Hill Investment Advisors LLC now owns 11,184 shares of the company’s stock valued at $308,000 after buying an additional 2,225 shares during the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Stock Up 0.2%

Shares of RSPE opened at $31.50 on Wednesday. The business’s fifty day moving average is $30.40 and its 200 day moving average is $29.26. Invesco ESG S&P 500 Equal Weight ETF has a 12-month low of $22.59 and a 12-month high of $31.64. The stock has a market cap of $39.38 million, a P/E ratio of 19.91 and a beta of 0.99.

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.