Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 86,550 shares, a growth of 151.6% from the February 26th total of 34,394 shares. Currently, 2.2% of the shares of the company are sold short. Based on an average trading volume of 36,509 shares, the short-interest ratio is currently 2.4 days. Based on an average trading volume of 36,509 shares, the short-interest ratio is currently 2.4 days. Currently, 2.2% of the shares of the company are sold short.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

RSPD traded up $0.23 on Wednesday, reaching $54.10. 4,067 shares of the stock were exchanged, compared to its average volume of 59,835. The company’s 50-day moving average price is $57.73 and its 200 day moving average price is $57.24. The firm has a market capitalization of $208.83 million, a PE ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a fifty-two week low of $43.47 and a fifty-two week high of $60.34.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Asset Dedication LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the third quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 3rd quarter worth approximately $29,000. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter worth approximately $34,000. Sound Income Strategies LLC raised its position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock worth $70,000 after buying an additional 1,184 shares during the last quarter. Finally, CX Institutional lifted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2,799.0% during the 3rd quarter. CX Institutional now owns 2,899 shares of the company’s stock valued at $167,000 after acquiring an additional 2,799 shares during the period.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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