Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Short Interest Update

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 23,858 shares, a growth of 323.3% from the April 15th total of 5,636 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 17,075 shares, the days-to-cover ratio is currently 1.4 days.

Invesco ESG S&P 500 Equal Weight ETF Trading Down 0.2%

Shares of RSPE stock traded down $0.05 during trading hours on Wednesday, reaching $32.00. 9,508 shares of the stock were exchanged, compared to its average volume of 16,599. The firm has a market capitalization of $56 million, a price-to-earnings ratio of 19.91 and a beta of 0.96. Invesco ESG S&P 500 Equal Weight ETF has a 12-month low of $25.98 and a 12-month high of $32.23. The company’s 50-day moving average price is $30.57 and its 200-day moving average price is $30.26.

Hedge Funds Weigh In On Invesco ESG S&P 500 Equal Weight ETF

A number of large investors have recently bought and sold shares of RSPE. Mountain Capital Investment Advisors Inc. increased its stake in Invesco ESG S&P 500 Equal Weight ETF by 1.5% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 59,013 shares of the company’s stock worth $1,818,000 after purchasing an additional 868 shares during the period. Invesco Ltd. increased its stake in Invesco ESG S&P 500 Equal Weight ETF by 7.6% in the 4th quarter. Invesco Ltd. now owns 43,484 shares of the company’s stock worth $1,295,000 after buying an additional 3,077 shares during the period. Tower Research Capital LLC TRC boosted its position in Invesco ESG S&P 500 Equal Weight ETF by 84.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 29,463 shares of the company’s stock valued at $851,000 after buying an additional 13,466 shares during the period. Bank of America Corp DE grew its stake in Invesco ESG S&P 500 Equal Weight ETF by 2.8% in the 2nd quarter. Bank of America Corp DE now owns 24,788 shares of the company’s stock worth $683,000 after acquiring an additional 667 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF during the third quarter worth approximately $497,000.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.