Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Sees Large Drop in Short Interest
by Doug Wharley · The Cerbat GemInvesco MSCI Sustainable Future ETF (NYSEARCA:ERTH – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 142 shares, a drop of 98.4% from the November 30th total of 8,833 shares. Based on an average daily trading volume, of 9,557 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,557 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Invesco MSCI Sustainable Future ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. AE Wealth Management LLC bought a new stake in Invesco MSCI Sustainable Future ETF in the 3rd quarter valued at $36,000. Ameritas Advisory Services LLC acquired a new position in shares of Invesco MSCI Sustainable Future ETF during the second quarter valued at about $40,000. Bank of Montreal Can raised its position in shares of Invesco MSCI Sustainable Future ETF by 29.0% during the second quarter. Bank of Montreal Can now owns 1,775 shares of the company’s stock valued at $75,000 after buying an additional 399 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of Invesco MSCI Sustainable Future ETF by 29.7% in the second quarter. Osaic Holdings Inc. now owns 4,137 shares of the company’s stock valued at $176,000 after buying an additional 948 shares during the period. Finally, Willow Creek Wealth Management Inc. acquired a new stake in Invesco MSCI Sustainable Future ETF during the third quarter worth about $202,000.
Invesco MSCI Sustainable Future ETF Trading Up 0.3%
Invesco MSCI Sustainable Future ETF stock traded up $0.12 on Wednesday, reaching $47.74. 5,624 shares of the stock were exchanged, compared to its average volume of 8,751. Invesco MSCI Sustainable Future ETF has a twelve month low of $34.06 and a twelve month high of $49.20. The firm has a fifty day moving average price of $47.44 and a two-hundred day moving average price of $45.75. The stock has a market cap of $145.61 million, a PE ratio of 21.14 and a beta of 1.06.
Invesco MSCI Sustainable Future ETF Company Profile
The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.