Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) Short Interest Update

Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 44,482 shares, a growth of 53.4% from the July 15th total of 28,989 shares. Based on an average daily trading volume, of 70,030 shares, the short-interest ratio is presently 0.6 days. Currently, 0.8% of the shares of the company are sold short.

Invesco S&P 500 Equal Weight Energy ETF Stock Up 0.4%

Shares of RSPG stock opened at $114.19 on Wednesday. The stock has a market capitalization of $606.35 million, a PE ratio of 13.87 and a beta of 0.48. Invesco S&P 500 Equal Weight Energy ETF has a 52-week low of $74.00 and a 52-week high of $114.51. The stock’s 50-day moving average price is $103.08 and its 200 day moving average price is $102.67.

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

Several large investors have recently modified their holdings of the stock. Walker Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 2.0% during the second quarter. Walker Asset Management LLC now owns 6,698 shares of the company’s stock worth $656,000 after purchasing an additional 130 shares during the period. Allied Private Wealth LLC purchased a new position in Invesco S&P 500 Equal Weight Energy ETF during the 2nd quarter worth $369,000. First Heartland Consultants Inc. raised its position in Invesco S&P 500 Equal Weight Energy ETF by 29.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 2,501 shares of the company’s stock worth $245,000 after buying an additional 565 shares during the last quarter. Howard Financial Services LTD. lifted its holdings in shares of Invesco S&P 500 Equal Weight Energy ETF by 40.7% in the 2nd quarter. Howard Financial Services LTD. now owns 4,767 shares of the company’s stock valued at $467,000 after buying an additional 1,379 shares during the period. Finally, Stonebridge Financial Group LLC lifted its holdings in Invesco S&P 500 Equal Weight Energy ETF by 6.0% in the second quarter. Stonebridge Financial Group LLC now owns 70,793 shares of the company’s stock valued at $6,935,000 after acquiring an additional 3,998 shares during the period.

Invesco S&P 500 Equal Weight Energy ETF Company Profile

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.