Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Short Interest Up 53.4% in July

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 44,482 shares, a growth of 53.4% from the July 15th total of 28,989 shares. Based on an average daily trading volume, of 70,030 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.8% of the company’s shares are sold short.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Invesco S&P 500 Equal Weight Energy ETF stock opened at $113.69 on Thursday. The stock has a market cap of $603.69 million, a price-to-earnings ratio of 13.87 and a beta of 0.48. Invesco S&P 500 Equal Weight Energy ETF has a 1 year low of $74.00 and a 1 year high of $114.82. The firm has a 50-day moving average of $103.25 and a two-hundred day moving average of $102.84.

Institutional Trading of Invesco S&P 500 Equal Weight Energy ETF

Large investors have recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter worth approximately $45,000. Brown Brothers Harriman & Co. bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at $55,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter worth $55,000. Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Equal Weight Energy ETF in the 1st quarter worth $135,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter worth $130,000.

About Invesco S&P 500 Equal Weight Energy ETF

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.