Short Interest in Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Decreases By 46.5%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 26,803 shares, a decrease of 46.5% from the June 15th total of 50,103 shares. Based on an average daily trading volume, of 100,969 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company’s shares are sold short.

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

Shares of RSPD opened at $55.18 on Wednesday. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $50.97 and a 1-year high of $60.34. The stock has a market cap of $300.73 million, a PE ratio of 17.03 and a beta of 1.09. The firm has a 50-day simple moving average of $54.84 and a two-hundred day simple moving average of $56.25.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Several institutional investors have recently added to or reduced their stakes in the stock. 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. Fifth Third Bancorp purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the first quarter worth $26,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the third quarter worth $29,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at $34,000. Finally, Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11,840.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,194 shares of the company’s stock valued at $70,000 after buying an additional 1,184 shares in the last quarter.

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.