Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) Short Interest Update

Invesco S&P 500 Equal Weight Industrials ETF (NYSEARCA:RSPN) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 1,431,393 shares, a decrease of 15.8% from the February 26th total of 1,700,276 shares. Approximately 9.4% of the shares of the stock are sold short. Based on an average daily volume of 245,618 shares, the days-to-cover ratio is currently 5.8 days.

Invesco S&P 500 Equal Weight Industrials ETF Price Performance

Shares of NYSEARCA:RSPN opened at $56.55 on Monday. Invesco S&P 500 Equal Weight Industrials ETF has a 52 week low of $42.28 and a 52 week high of $64.16. The stock has a market capitalization of $863.52 million, a P/E ratio of 22.94 and a beta of 1.09. The firm has a fifty day simple moving average of $60.99 and a two-hundred day simple moving average of $57.99.

Institutional Investors Weigh In On Invesco S&P 500 Equal Weight Industrials ETF

Several large investors have recently added to or reduced their stakes in the stock. Silver Oak Securities Incorporated increased its position in shares of Invesco S&P 500 Equal Weight Industrials ETF by 263.8% during the 3rd quarter. Silver Oak Securities Incorporated now owns 13,693 shares of the company’s stock valued at $768,000 after purchasing an additional 9,929 shares during the last quarter. RFP Financial Group LLC bought a new stake in Invesco S&P 500 Equal Weight Industrials ETF in the third quarter worth $8,500,000. Osaic Holdings Inc. lifted its position in Invesco S&P 500 Equal Weight Industrials ETF by 17.4% in the second quarter. Osaic Holdings Inc. now owns 60,302 shares of the company’s stock worth $3,228,000 after buying an additional 8,931 shares during the last quarter. Treasure Coast Financial Planning boosted its stake in Invesco S&P 500 Equal Weight Industrials ETF by 620.8% during the third quarter. Treasure Coast Financial Planning now owns 32,564 shares of the company’s stock worth $1,827,000 after buying an additional 28,046 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in Invesco S&P 500 Equal Weight Industrials ETF by 7.2% during the third quarter. Wealthcare Advisory Partners LLC now owns 170,395 shares of the company’s stock valued at $9,559,000 after acquiring an additional 11,394 shares during the last quarter.

About Invesco S&P 500 Equal Weight Industrials ETF

The Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of industrial US stocks drawn from the S&P 500. RSPN was launched on Nov 1, 2006 and is managed by Invesco.