Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Update

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 26,803 shares, a decline of 46.5% from the June 15th total of 50,103 shares. Based on an average daily volume of 100,969 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the shares of the stock are sold short.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 0.4%

Shares of RSPD opened at $55.18 on Wednesday. The firm has a market cap of $300.73 million, a P/E ratio of 17.03 and a beta of 1.09. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12 month low of $50.97 and a 12 month high of $60.34. The stock’s 50 day moving average is $54.84 and its two-hundred day moving average is $56.25.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 5.8% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 871,842 shares of the company’s stock worth $46,668,000 after purchasing an additional 47,490 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 22.7% in the 4th quarter. Wells Fargo & Company MN now owns 154,469 shares of the company’s stock valued at $8,809,000 after purchasing an additional 28,616 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.3% in the 3rd quarter. Raymond James Financial Inc. now owns 143,978 shares of the company’s stock valued at $8,308,000 after purchasing an additional 1,825 shares during the last quarter. Strategic Wealth Partners Ltd. grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2.5% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 138,119 shares of the company’s stock worth $7,969,000 after purchasing an additional 3,395 shares during the period. Finally, Legend Financial Advisors Inc. grew its holdings in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 1.8% during the 4th quarter. Legend Financial Advisors Inc. now owns 130,086 shares of the company’s stock worth $7,419,000 after purchasing an additional 2,311 shares during the period.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.