Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Update

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 8,029 shares, a decline of 17.2% from the February 12th total of 9,694 shares. Based on an average daily volume of 7,808 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 7,808 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Value ETF

Several institutional investors and hedge funds have recently modified their holdings of RZV. Fifth Third Securities Inc. purchased a new position in Invesco S&P SmallCap 600 Pure Value ETF during the third quarter worth approximately $673,000. Discipline Wealth Solutions LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the third quarter valued at approximately $1,032,000. Wealthcare Advisory Partners LLC raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 17.2% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 72,883 shares of the company’s stock worth $8,603,000 after buying an additional 10,708 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 5.1% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 8,310 shares of the company’s stock worth $981,000 after buying an additional 402 shares during the period. Finally, Theory Financial LLC lifted its position in shares of Invesco S&P SmallCap 600 Pure Value ETF by 11.7% during the 3rd quarter. Theory Financial LLC now owns 31,388 shares of the company’s stock valued at $3,696,000 after buying an additional 3,284 shares in the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Trading Up 0.1%

RZV traded up $0.15 on Monday, reaching $121.22. The stock had a trading volume of 10,368 shares, compared to its average volume of 9,385. The business’s 50-day moving average price is $129.58 and its two-hundred day moving average price is $122.37. The company has a market cap of $230.32 million, a P/E ratio of 10.81 and a beta of 1.20. Invesco S&P SmallCap 600 Pure Value ETF has a 12-month low of $81.43 and a 12-month high of $139.95.

About Invesco S&P SmallCap 600 Pure Value ETF

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.