Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Decreases By 74.9%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 5,072 shares, a decline of 74.9% from the November 30th total of 20,241 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 5,025 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 5,025 shares, the short-interest ratio is currently 1.0 days. Currently, 0.5% of the company’s stock are sold short.

Invesco ESG S&P 500 Equal Weight ETF Stock Up 0.5%

NYSEARCA RSPE traded up $0.14 on Thursday, reaching $30.14. The company had a trading volume of 2,732 shares, compared to its average volume of 8,152. The company’s fifty day moving average is $29.21 and its 200 day moving average is $28.50. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $22.59 and a 52-week high of $30.18. The stock has a market capitalization of $30.14 million, a P/E ratio of 19.91 and a beta of 0.99.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Blair William & Co. IL grew its position in Invesco ESG S&P 500 Equal Weight ETF by 17.0% in the 2nd quarter. Blair William & Co. IL now owns 2,826 shares of the company’s stock worth $78,000 after purchasing an additional 410 shares in the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the 2nd quarter worth approximately $220,000. Envestnet Asset Management Inc. bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the third quarter valued at approximately $222,000. Birch Hill Investment Advisors LLC increased its position in shares of Invesco ESG S&P 500 Equal Weight ETF by 24.8% during the second quarter. Birch Hill Investment Advisors LLC now owns 11,184 shares of the company’s stock valued at $308,000 after acquiring an additional 2,225 shares during the last quarter. Finally, MJP Associates Inc. ADV lifted its holdings in Invesco ESG S&P 500 Equal Weight ETF by 7.8% during the second quarter. MJP Associates Inc. ADV now owns 13,127 shares of the company’s stock worth $362,000 after acquiring an additional 950 shares during the period.

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.