Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Up 130.9% in April

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 38,227 shares, a growth of 130.9% from the March 31st total of 16,557 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 24,702 shares, the short-interest ratio is currently 1.5 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded down $0.51 during trading on Monday, reaching $55.76. 30,719 shares of the company traded hands, compared to its average volume of 50,924. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $47.77 and a 1-year high of $60.34. The company has a 50 day moving average price of $55.90 and a 200-day moving average price of $56.76. The firm has a market capitalization of $282.15 million, a PE ratio of 17.03 and a beta of 1.18.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Walker Asset Management LLC raised its holdings in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 6.2% during the first quarter. Walker Asset Management LLC now owns 21,842 shares of the company’s stock worth $1,169,000 after buying an additional 1,278 shares during the last quarter. Yoder Wealth Management Inc. grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.2% in the 1st quarter. Yoder Wealth Management Inc. now owns 32,999 shares of the company’s stock worth $1,766,000 after acquiring an additional 1,621 shares in the last quarter. Friedenthal Financial grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 3.2% in the 1st quarter. Friedenthal Financial now owns 26,731 shares of the company’s stock worth $1,431,000 after acquiring an additional 830 shares in the last quarter. Blue Chip Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter worth $295,000. Finally, Vista Investment Management grew its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2.7% in the 4th quarter. Vista Investment Management now owns 32,649 shares of the company’s stock worth $1,862,000 after acquiring an additional 847 shares in the last quarter.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

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.