Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Short Interest Up 82.2% in May

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 43,481 shares, a growth of 82.2% from the April 30th total of 23,858 shares. Based on an average trading volume of 21,392 shares, the short-interest ratio is currently 2.0 days. Approximately 2.5% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Invesco ESG S&P 500 Equal Weight ETF by 4.3% in 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 during the period. Bank of America Corp DE boosted its position in Invesco ESG S&P 500 Equal Weight ETF by 2.8% during the second quarter. Bank of America Corp DE now owns 24,788 shares of the company’s stock valued at $683,000 after buying an additional 667 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 172.0% during the second quarter. Tower Research Capital LLC TRC now owns 15,997 shares of the company’s stock valued at $441,000 after buying an additional 10,116 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the third quarter worth about $222,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the 3rd quarter valued at about $497,000.

Invesco ESG S&P 500 Equal Weight ETF Stock Performance

Shares of RSPE opened at $33.16 on Tuesday. The stock has a market capitalization of $58.03 million, a price-to-earnings ratio of 19.91 and a beta of 0.96. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $26.25 and a 52-week high of $33.20. The stock’s 50-day simple moving average is $31.13 and its 200 day simple moving average is $30.60.

About Invesco ESG S&P 500 Equal Weight ETF

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.