Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Short Interest Update

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 9,709 shares, a growth of 148.1% from the December 31st total of 3,913 shares. Based on an average daily trading volume, of 58,845 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 58,845 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of RSPU. Dakota Wealth Management grew its position in shares of Invesco S&P 500 Equal Weight Utilities ETF by 0.4% during the 4th quarter. Dakota Wealth Management now owns 32,593 shares of the company’s stock valued at $2,437,000 after purchasing an additional 136 shares in the last quarter. Joseph P. Lucia & Associates LLC grew its position in Invesco S&P 500 Equal Weight Utilities ETF by 2.4% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 7,172 shares of the company’s stock worth $536,000 after buying an additional 167 shares in the last quarter. American Trust grew its position in Invesco S&P 500 Equal Weight Utilities ETF by 1.4% during the third quarter. American Trust now owns 14,315 shares of the company’s stock worth $1,097,000 after buying an additional 191 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Invesco S&P 500 Equal Weight Utilities ETF by 1.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 18,200 shares of the company’s stock worth $1,294,000 after acquiring an additional 204 shares during the last quarter. Finally, Advisory Alpha LLC raised its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 2.1% in the 2nd quarter. Advisory Alpha LLC now owns 10,071 shares of the company’s stock valued at $716,000 after acquiring an additional 210 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Stock Performance

Shares of NYSEARCA RSPU traded down $0.06 during trading hours on Friday, hitting $76.32. 19,628 shares of the stock were exchanged, compared to its average volume of 55,506. The company’s fifty day simple moving average is $75.61 and its two-hundred day simple moving average is $75.91. The company has a market cap of $506.76 million, a PE ratio of 18.42 and a beta of 0.61. Invesco S&P 500 Equal Weight Utilities ETF has a 1-year low of $62.64 and a 1-year high of $80.94.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.