Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Short Interest Down 42.1% in June

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,264 shares, a drop of 42.1% from the May 31st total of 2,184 shares. Based on an average trading volume of 18,986 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

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

A number of large investors have recently made changes to their positions in the stock. Hills Bank & Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at $685,000. Perryman Financial Advisory Inc. AD acquired a new stake in Invesco S&P 500 Equal Weight Financials ETF in the 4th quarter valued at about $806,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P 500 Equal Weight Financials ETF by 32,235.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,575 shares of the company’s stock valued at $6,167,000 after acquiring an additional 78,332 shares in the last quarter. Evoke Wealth LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Financials ETF during the fourth quarter worth $787,000. Finally, Sunbelt Securities Inc. lifted its stake in Invesco S&P 500 Equal Weight Financials ETF by 10.2% in the third quarter. Sunbelt Securities Inc. now owns 19,085 shares of the company’s stock valued at $1,484,000 after buying an additional 1,761 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Performance

Shares of NYSEARCA:RSPF remained flat at $81.07 during mid-day trading on Friday. The company had a trading volume of 57,013 shares, compared to its average volume of 14,382. The firm has a market cap of $299.96 million, a P/E ratio of 16.51 and a beta of 0.85. The business has a 50-day moving average of $76.24 and a 200 day moving average of $76.00. Invesco S&P 500 Equal Weight Financials ETF has a 12 month low of $69.04 and a 12 month high of $81.29.

Invesco S&P 500 Equal Weight Financials ETF Company Profile

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) is an exchange-traded fund that is based on the S&P 500 Equal Weighted / Financials index. The fund tracks an equal-weighted index of financial stocks pulled from the S&P 500. RSPF was launched on Nov 1, 2006 and is managed by Invesco.