Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Short Interest Down 84.7% in December

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 4,932 shares, a decrease of 84.7% from the November 30th total of 32,298 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 92,536 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 92,536 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Utilities ETF Trading Up 0.5%

NYSEARCA:RSPU traded up $0.38 during trading hours on Wednesday, reaching $74.85. 26,930 shares of the company traded hands, compared to its average volume of 42,953. The business’s 50-day moving average price is $77.17 and its two-hundred day moving average price is $75.05. Invesco S&P 500 Equal Weight Utilities ETF has a 1 year low of $62.64 and a 1 year high of $80.94. The stock has a market capitalization of $496.26 million, a P/E ratio of 18.42 and a beta of 0.61.

Institutional Trading of Invesco S&P 500 Equal Weight Utilities ETF

Several institutional investors have recently bought and sold shares of the company. Allworth Financial LP raised its holdings in Invesco S&P 500 Equal Weight Utilities ETF by 235.1% in the third quarter. Allworth Financial LP now owns 955 shares of the company’s stock worth $73,000 after buying an additional 670 shares during the last quarter. Advisory Services Network LLC lifted its position in Invesco S&P 500 Equal Weight Utilities ETF by 2.3% in the 3rd quarter. Advisory Services Network LLC now owns 41,262 shares of the company’s stock valued at $3,163,000 after acquiring an additional 944 shares in the last quarter. American Trust boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 1.4% during the 3rd quarter. American Trust now owns 14,315 shares of the company’s stock valued at $1,097,000 after purchasing an additional 191 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Invesco S&P 500 Equal Weight Utilities ETF by 28.4% during the 3rd quarter. Susquehanna International Group LLP now owns 9,454 shares of the company’s stock valued at $725,000 after purchasing an additional 2,093 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 67.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 14,852 shares of the company’s stock worth $1,139,000 after purchasing an additional 5,965 shares in the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.