Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Down 35.2% in June

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 50,103 shares, a decline of 35.2% from the May 31st total of 77,296 shares. Based on an average daily volume of 56,316 shares, the short-interest ratio is presently 0.9 days. Currently, 1.0% of the company’s shares are sold short.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Institutional investors have recently made changes to their positions in the company. TD Waterhouse Canada Inc. purchased a new position in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter worth approximately $564,000. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 40.4% during the third quarter. JPMorgan Chase & Co. now owns 73,241 shares of the company’s stock worth $4,226,000 after acquiring an additional 21,076 shares during the last quarter. United Asset Strategies Inc. purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at $3,145,000. Hills Bank & Trust Co purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at $1,018,000. Finally, Precedent Wealth Partners LLC purchased a new stake in Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the fourth quarter valued at $1,696,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

NYSEARCA:RSPD opened at $56.04 on Thursday. The firm has a market capitalization of $307.10 million, a price-to-earnings ratio of 17.03 and a beta of 1.09. The company’s 50-day moving average is $54.85 and its two-hundred day moving average is $56.39. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 1-year low of $50.97 and a 1-year high of $60.34.

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.