Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) Stock Short Interest Report for October

Invesco S&P 500 Equal Weight Financials ETF (NYSEARCA:RSPF) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,522 shares, a decrease of 67.6% from the October 15th total of 10,875 shares. Based on an average daily volume of 167,190 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Equal Weight Financials ETF by 2.6% during the first quarter. Bank of America Corp DE now owns 252,117 shares of the company’s stock worth $17,999,000 after acquiring an additional 6,433 shares during the last quarter. WestEnd Advisors LLC acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the third quarter valued at about $2,522,000. Perryman Financial Advisory Inc. AD acquired a new position in shares of Invesco S&P 500 Equal Weight Financials ETF during the third quarter valued at about $616,000. HighTower Advisors LLC purchased a new position in shares of Invesco S&P 500 Equal Weight Financials ETF in the 3rd quarter valued at approximately $1,360,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Invesco S&P 500 Equal Weight Financials ETF by 19.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,623 shares of the company’s stock valued at $544,000 after purchasing an additional 1,218 shares during the last quarter.

Invesco S&P 500 Equal Weight Financials ETF Stock Up 0.8%

Shares of Invesco S&P 500 Equal Weight Financials ETF stock traded up $0.65 during trading on Friday, reaching $85.10. The company’s stock had a trading volume of 13,335 shares, compared to its average volume of 32,736. Invesco S&P 500 Equal Weight Financials ETF has a 1-year low of $69.04 and a 1-year high of $86.96. The company has a 50-day simple moving average of $81.26 and a two-hundred day simple moving average of $78.48. The company has a market cap of $333.60 million, a price-to-earnings ratio of 15.24 and a beta of 0.85.

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.