Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Decreases By 40.9%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 8,424 shares, a decrease of 40.9% from the June 15th total of 14,257 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 13,717 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Eastern Bank raised its position in Invesco ESG S&P 500 Equal Weight ETF by 47.4% in the second quarter. Eastern Bank now owns 566,258 shares of the company’s stock worth $19,202,000 after acquiring an additional 182,160 shares during the period. Bank of America Corp DE lifted its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 7.0% in the first quarter. Bank of America Corp DE now owns 26,505 shares of the company’s stock valued at $780,000 after acquiring an additional 1,732 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 12.5% in the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock worth $322,000 after acquiring an additional 1,205 shares during the period. Royal Bank of Canada bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth about $36,000. Finally, Sepio Capital LP purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF during the fourth quarter worth about $258,000.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

Invesco ESG S&P 500 Equal Weight ETF stock opened at $33.98 on Friday. The stock has a market capitalization of $67.96 million, a PE ratio of 19.91 and a beta of 0.95. The business’s fifty day moving average is $33.28 and its 200 day moving average is $31.61. Invesco ESG S&P 500 Equal Weight ETF has a one year low of $27.25 and a one year high of $34.29.

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.