Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 65,205 shares, a growth of 35.1% from the December 31st total of 48,272 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 98,968 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 98,968 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Consumer Staples ETF

Several hedge funds have recently made changes to their positions in RSPS. AE Wealth Management LLC lifted its stake in Invesco S&P 500 Equal Weight Consumer Staples ETF by 71.7% in the second 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 last quarter. Howe & Rusling Inc. raised its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 55.7% during the third quarter. Howe & Rusling Inc. now owns 2,083 shares of the company’s stock valued at $61,000 after buying an additional 745 shares during the last quarter. CWM LLC grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 302.1% in the 4th quarter. CWM LLC now owns 3,518 shares of the company’s stock worth $102,000 after purchasing an additional 2,643 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 41.0% during the third quarter. CIBC Private Wealth Group LLC now owns 4,935 shares of the company’s stock worth $144,000 after buying an additional 1,435 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF in the third quarter valued at approximately $144,000.

Invesco S&P 500 Equal Weight Consumer Staples ETF Trading Up 1.7%

RSPS stock traded up $0.52 during midday trading on Friday, hitting $31.06. The company’s stock had a trading volume of 117,167 shares, compared to its average volume of 112,528. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 12 month low of $28.21 and a 12 month high of $32.05. The company has a market cap of $252.21 million, a PE ratio of 17.33 and a beta of 0.49. The firm’s 50-day moving average is $29.76 and its 200-day moving average is $29.79.

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.