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

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the recipient of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 34,394 shares, an increase of 50.6% from the February 12th total of 22,841 shares. Based on an average daily trading volume, of 176,884 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 176,884 shares, the days-to-cover ratio is presently 0.2 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 0.5%

Shares of NYSEARCA:RSPD opened at $54.08 on Friday. The firm has a 50 day moving average of $58.43 and a 200-day moving average of $57.48. The stock has a market capitalization of $208.75 million, a PE ratio of 17.03 and a beta of 1.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12 month low of $43.47 and a 12 month high of $60.34.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 11.6% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 720,557 shares of the company’s stock worth $41,576,000 after purchasing an additional 74,684 shares during the last quarter. Leuthold Group LLC increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 187.4% in the 3rd quarter. Leuthold Group LLC now owns 68,409 shares of the company’s stock valued at $3,947,000 after purchasing an additional 44,604 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 14.8% in the 3rd quarter. Park Avenue Securities LLC now owns 78,653 shares of the company’s stock valued at $4,538,000 after purchasing an additional 10,155 shares during the last quarter. Scotia Capital Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 21.4% during the 2nd quarter. Scotia Capital Inc. now owns 51,552 shares of the company’s stock worth $2,743,000 after buying an additional 9,074 shares in the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 3rd quarter worth $577,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

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