Short Interest in Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Grows By 141.4%

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 48,272 shares, an increase of 141.4% from the December 15th total of 19,995 shares. Based on an average daily volume of 111,989 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 111,989 shares, the short-interest ratio is presently 0.4 days.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.2%

NYSEARCA RSPS opened at $30.15 on Wednesday. The company has a market cap of $237.58 million, a price-to-earnings ratio of 17.33 and a beta of 0.49. The company has a 50 day moving average of $29.25 and a 200-day moving average of $29.75. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 1-year low of $28.21 and a 1-year high of $32.05.

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

Several large investors have recently modified their holdings of the stock. Legend Financial Advisors Inc. acquired a new position in Invesco S&P 500 Equal Weight Consumer Staples ETF in the second quarter valued at about $33,000. AE Wealth Management LLC increased its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% in the 2nd quarter. AE Wealth Management LLC now owns 1,365 shares of the company’s stock valued at $41,000 after buying an additional 570 shares during the period. Howe & Rusling Inc. raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% in the 3rd quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock valued at $61,000 after buying an additional 745 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after acquiring an additional 1,435 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF during the 3rd quarter worth approximately $144,000.

About Invesco S&P 500 Equal Weight Consumer Staples ETF

The Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) is an exchange-traded fund that mostly invests in consumer staples equity. The fund tracks an equal-weighted index of large-cap US consumer staples stocks drawn from the S&P 500. RSPS was launched on Nov 1, 2006 and is managed by Invesco.