Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Short Interest Update

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 11,122 shares, a growth of 17.6% from the February 12th total of 9,459 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 24,798 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 24,798 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

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

Large investors have recently modified their holdings of the business. Royal Bank of Canada raised its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 16,715 shares of the company’s stock worth $1,213,000 after purchasing an additional 515 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Equal Weight Financials ETF by 13.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,184 shares of the company’s stock valued at $471,000 after buying an additional 731 shares during the last quarter. Creative Planning increased its position in Invesco S&P 500 Equal Weight Financials ETF by 11.9% during the second quarter. Creative Planning now owns 9,632 shares of the company’s stock worth $733,000 after buying an additional 1,026 shares in the last quarter. HHM Wealth Advisors LLC increased its position in Invesco S&P 500 Equal Weight Financials ETF by 11.7% during the second quarter. HHM Wealth Advisors LLC now owns 2,395 shares of the company’s stock worth $182,000 after buying an additional 250 shares in the last quarter. Finally, MAI Capital Management raised its holdings in shares of Invesco S&P 500 Equal Weight Financials ETF by 11.6% in the second quarter. MAI Capital Management now owns 11,340 shares of the company’s stock worth $863,000 after acquiring an additional 1,177 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

NYSEARCA RSPF traded up $0.46 during trading hours on Tuesday, reaching $71.83. The company’s stock had a trading volume of 27,746 shares, compared to its average volume of 15,475. The stock has a market cap of $278.70 million, a PE ratio of 16.51 and a beta of 0.97. Invesco S&P 500 Equal Weight Financials ETF has a fifty-two week low of $61.66 and a fifty-two week high of $81.29. The company’s 50-day moving average is $76.27 and its two-hundred day moving average is $76.73.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.