Short Interest in Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Declines By 70.0%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPEGet Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 13,050 shares, a decline of 70.0% from the May 14th total of 43,481 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 7,520 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RSPE. Bank of America Corp DE increased its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 7.0% during the 1st quarter. Bank of America Corp DE now owns 26,505 shares of the company’s stock worth $780,000 after purchasing an additional 1,732 shares during the last quarter. Invesco Ltd. grew its holdings in Invesco ESG S&P 500 Equal Weight ETF by 7.6% during the fourth quarter. Invesco Ltd. now owns 43,484 shares of the company’s stock valued at $1,295,000 after purchasing an additional 3,077 shares during the period. Osaic Holdings Inc. grew its holdings in Invesco ESG S&P 500 Equal Weight ETF by 12.5% during the fourth quarter. Osaic Holdings Inc. now owns 10,807 shares of the company’s stock valued at $322,000 after purchasing an additional 1,205 shares during the period. Royal Bank of Canada purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth $36,000. Finally, Betterment LLC purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF in the fourth quarter worth $462,000.

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

Shares of NYSEARCA:RSPE traded up $0.09 during midday trading on Thursday, reaching $32.81. The company had a trading volume of 4,421 shares, compared to its average volume of 14,575. The stock has a market cap of $57.42 million, a P/E ratio of 19.91 and a beta of 0.96. The company’s 50 day moving average price is $31.69 and its 200 day moving average price is $30.82. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $26.63 and a 52-week high of $33.57.

About Invesco ESG S&P 500 Equal Weight ETF

(Get Free Report)

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.

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