Short Interest in Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Grows By 80.8%

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 10,831 shares, a growth of 80.8% from the December 31st total of 5,991 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 13,938 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 13,938 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% in the first quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock worth $899,000 after acquiring an additional 15,467 shares during the period. Duncan Williams Asset Management LLC purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF in the second quarter worth approximately $234,000. IFP Advisors Inc grew its position in Invesco S&P 500 Equal Weight Real Estate ETF by 2.1% in the 2nd quarter. IFP Advisors Inc now owns 308,087 shares of the company’s stock worth $10,792,000 after purchasing an additional 6,219 shares during the period. Wealth Advisory Team LLC purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 2nd quarter valued at $201,000. Finally, Interactive Financial Advisors Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 1.5% during the 2nd quarter. Interactive Financial Advisors Inc. now owns 27,335 shares of the company’s stock valued at $958,000 after buying an additional 392 shares during the period.

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

RSPR traded up $0.09 during trading on Friday, hitting $34.40. 10,353 shares of the company’s stock traded hands, compared to its average volume of 13,438. The stock has a market capitalization of $99.76 million, a price-to-earnings ratio of 37.16 and a beta of 1.03. The company’s 50 day simple moving average is $33.90 and its two-hundred day simple moving average is $34.57. Invesco S&P 500 Equal Weight Real Estate ETF has a 12-month low of $30.83 and a 12-month high of $37.23.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

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.