Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Sees Large Decrease in Short Interest

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 127 shares, a decline of 38.0% from the April 30th total of 205 shares. Based on an average daily trading volume, of 3,157 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco MSCI Sustainable Future ETF

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its stake in Invesco MSCI Sustainable Future ETF by 2.6% during the 1st quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock valued at $1,066,000 after purchasing an additional 687 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco MSCI Sustainable Future ETF by 55.5% during the first quarter. Jane Street Group LLC now owns 35,405 shares of the company’s stock valued at $1,375,000 after buying an additional 12,640 shares during the last quarter. Cerity Partners LLC increased its position in shares of Invesco MSCI Sustainable Future ETF by 608.0% during the second quarter. Cerity Partners LLC now owns 58,896 shares of the company’s stock worth $2,502,000 after acquiring an additional 50,577 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco MSCI Sustainable Future ETF by 29.7% during the second quarter. Osaic Holdings Inc. now owns 4,137 shares of the company’s stock worth $176,000 after acquiring an additional 948 shares in the last quarter. Finally, AE Wealth Management LLC acquired a new stake in shares of Invesco MSCI Sustainable Future ETF in the 3rd quarter worth about $36,000.

Invesco MSCI Sustainable Future ETF Stock Performance

NYSEARCA:ERTH remained flat at $50.89 on Thursday. The company’s stock had a trading volume of 2,311 shares, compared to its average volume of 3,508. The company’s 50 day moving average price is $49.28 and its two-hundred day moving average price is $48.25. The company has a market cap of $150.13 million, a P/E ratio of 21.14 and a beta of 0.97. Invesco MSCI Sustainable Future ETF has a 1-year low of $41.48 and a 1-year high of $51.45.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.