Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Short Interest Down 51.0% in July

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 28,989 shares, a decline of 51.0% from the June 30th total of 59,177 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 89,267 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA:RSPG traded down $1.86 on Tuesday, hitting $102.80. The company’s stock had a trading volume of 53,376 shares, compared to its average volume of 140,190. The company has a 50-day simple moving average of $102.65 and a 200 day simple moving average of $100.12. The company has a market capitalization of $541.76 million, a PE ratio of 13.87 and a beta of 0.47. Invesco S&P 500 Equal Weight Energy ETF has a 1 year low of $73.30 and a 1 year high of $114.01.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Energy ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at $45,000. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at $55,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter valued at approximately $55,000. Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the first quarter worth $135,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at about $130,000.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.