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

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a large growth in short interest in the month of 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. Based on an average trading volume of 13,938 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 13,938 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in RSPR. IFP Advisors Inc grew its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.1% during the second quarter. IFP Advisors Inc now owns 308,087 shares of the company’s stock worth $10,792,000 after buying an additional 6,219 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 27.1% in the third quarter. Raymond James Financial Inc. now owns 160,659 shares of the company’s stock worth $5,696,000 after buying an additional 34,218 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter worth about $1,921,000. Gerber Kawasaki Wealth & Investment Management grew its stake in Invesco S&P 500 Equal Weight Real Estate ETF by 1.6% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 44,691 shares of the company’s stock valued at $1,584,000 after acquiring an additional 723 shares in the last quarter. Finally, Equitable Holdings Inc. raised its holdings in Invesco S&P 500 Equal Weight Real Estate ETF by 12.8% in the 3rd quarter. Equitable Holdings Inc. now owns 41,817 shares of the company’s stock valued at $1,483,000 after acquiring an additional 4,755 shares during the last quarter.

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

NYSEARCA:RSPR traded up $0.09 during trading hours on Friday, reaching $34.40. 10,353 shares of the company were exchanged, compared to its average volume of 13,438. The firm has a market cap of $99.76 million, a PE ratio of 37.16 and a beta of 1.03. The stock’s 50-day moving average is $33.90 and its 200-day moving average is $34.57. Invesco S&P 500 Equal Weight Real Estate ETF has a twelve month low of $30.83 and a twelve month high of $37.23.

About Invesco S&P 500 Equal Weight Real Estate ETF

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.