Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Short Interest Down 94.9% in July

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPFGet Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,174 shares, a decline of 94.9% from the July 15th total of 42,888 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 17,155 shares, the days-to-cover ratio is presently 0.1 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $35,000. Arax Advisory Partners acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth about $35,000. Advisory Services Network LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the third quarter worth about $39,000. Steward Partners Investment Advisory LLC acquired a new position in Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth about $91,000. Finally, Asset One Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF in the fourth quarter valued at about $332,000.

Invesco S&P 500 Equal Weight Financials ETF Price Performance

Invesco S&P 500 Equal Weight Financials ETF stock traded up $0.13 during trading hours on Tuesday, hitting $84.42. The stock had a trading volume of 7,625 shares, compared to its average volume of 15,014. The stock has a market capitalization of $310.67 million, a price-to-earnings ratio of 16.51 and a beta of 0.85. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $69.04 and a 1-year high of $85.38. The stock’s fifty day moving average is $80.37 and its two-hundred day moving average is $76.70.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

(Get Free Report)

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.

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