Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Down 48.3% in July

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 2,112 shares, a drop of 48.3% from the June 30th total of 4,085 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,607 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco S&P 500 Equal Weight Real Estate ETF

A number of hedge funds have recently bought and sold shares of RSPR. Steward Partners Investment Advisory LLC boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 12,528.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 884 shares of the company’s stock valued at $30,000 after buying an additional 877 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the 4th quarter valued at about $258,000. Clearstead Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the 4th quarter valued at about $279,000. Walker Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 5.9% during the 1st quarter. Walker Asset Management LLC now owns 8,528 shares of the company’s stock valued at $283,000 after buying an additional 477 shares during the period. Finally, Fielder Capital Group LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the fourth quarter worth about $288,000.

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

Shares of NYSEARCA:RSPR opened at $37.08 on Friday. The firm has a market capitalization of $102.34 million, a PE ratio of 37.16 and a beta of 0.93. Invesco S&P 500 Equal Weight Real Estate ETF has a 52-week low of $32.41 and a 52-week high of $38.01. The firm has a fifty day moving average of $36.76 and a 200 day moving average of $35.51.

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.