Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Up 58.2% in May

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,688 shares, an increase of 58.2% from the May 14th total of 1,067 shares. Based on an average daily trading volume, of 16,130 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in RSPR. Goldman Sachs Group Inc. grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 159.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 25,179 shares of the company’s stock worth $899,000 after purchasing an additional 15,467 shares in the last quarter. Quantinno Capital Management LP grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 12.7% during the 2nd quarter. Quantinno Capital Management LP now owns 11,463 shares of the company’s stock worth $402,000 after purchasing an additional 1,292 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 27.8% during the 2nd quarter. Raymond James Financial Inc. now owns 126,441 shares of the company’s stock worth $4,429,000 after purchasing an additional 27,521 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the 2nd quarter worth approximately $306,000. Finally, Bank of America Corp DE grew its position in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 2.7% during the 2nd quarter. Bank of America Corp DE now owns 29,712 shares of the company’s stock worth $1,041,000 after purchasing an additional 789 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Performance

Shares of RSPR opened at $36.14 on Thursday. Invesco S&P 500 Equal Weight Real Estate ETF has a 52 week low of $32.41 and a 52 week high of $37.68. The firm has a market cap of $98.66 million, a P/E ratio of 37.16 and a beta of 0.94. The firm’s 50-day simple moving average is $35.86 and its 200 day simple moving average is $34.79.

About Invesco S&P 500 Equal Weight Real Estate ETF

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.