Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Sees Significant Growth in Short Interest

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 7,865 shares, an increase of 440.9% from the February 12th total of 1,454 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 15,258 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 15,258 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Trading of Invesco S&P 500 Equal Weight Real Estate ETF

Hedge funds have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 12,528.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 884 shares of the company’s stock valued at $30,000 after buying an additional 877 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the 4th quarter worth about $258,000. Koshinski Asset Management Inc. increased its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% in the third quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after purchasing an additional 454 shares during the last quarter. Clearstead Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 4th quarter valued at $279,000. Finally, Evergreen Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter worth about $287,000.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Down 0.3%

Invesco S&P 500 Equal Weight Real Estate ETF stock traded down $0.09 during trading on Tuesday, hitting $34.90. The company had a trading volume of 4,599 shares, compared to its average volume of 12,913. Invesco S&P 500 Equal Weight Real Estate ETF has a 1-year low of $30.83 and a 1-year high of $36.34. The company’s 50 day simple moving average is $34.77 and its 200-day simple moving average is $34.58. The stock has a market cap of $100.51 million, a price-to-earnings ratio of 37.16 and a beta of 1.03.

About Invesco S&P 500 Equal Weight Real Estate ETF

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.