Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) Short Interest Down 14.8% in February

Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RSPS) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 54,718 shares, a decline of 14.8% from the February 12th total of 64,214 shares. Based on an average daily volume of 186,943 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 186,943 shares, the short-interest ratio is currently 0.3 days.

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

Large investors have recently added to or reduced their stakes in the stock. Strive Financial Group LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Staples ETF during the fourth quarter valued at approximately $191,000. Cetera Investment Advisers increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 66.5% during the 4th quarter. Cetera Investment Advisers now owns 175,768 shares of the company’s stock valued at $5,102,000 after purchasing an additional 70,196 shares during the last quarter. Kovack Advisors Inc. increased its position in shares of Invesco S&P 500 Equal Weight Consumer Staples ETF by 12.9% during the 4th quarter. Kovack Advisors Inc. now owns 11,039 shares of the company’s stock valued at $320,000 after purchasing an additional 1,264 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 1.0% during the 4th quarter. Osaic Holdings Inc. now owns 43,452 shares of the company’s stock valued at $1,261,000 after buying an additional 419 shares during the period. Finally, Royal Bank of Canada raised its holdings in Invesco S&P 500 Equal Weight Consumer Staples ETF by 11.8% during the 4th quarter. Royal Bank of Canada now owns 14,323 shares of the company’s stock valued at $415,000 after buying an additional 1,508 shares during the period.

Invesco S&P 500 Equal Weight Consumer Staples ETF Stock Up 0.4%

Shares of NYSEARCA:RSPS opened at $30.58 on Monday. The firm has a fifty day simple moving average of $31.44 and a two-hundred day simple moving average of $30.11. Invesco S&P 500 Equal Weight Consumer Staples ETF has a 52 week low of $28.21 and a 52 week high of $33.37. The stock has a market capitalization of $249.84 million, a P/E ratio of 17.33 and a beta of 0.49.

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

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.