Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Short Interest Up 66.9% in May

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 793 shares, a growth of 66.9% from the May 14th total of 475 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,979 shares, the days-to-cover ratio is presently 0.2 days.

Invesco S&P MidCap 400 Pure Value ETF Stock Down 0.8%

NYSEARCA:RFV traded down $1.13 during trading hours on Monday, hitting $145.64. 2,643 shares of the stock traded hands, compared to its average volume of 7,076. The company has a market cap of $329.15 million, a price-to-earnings ratio of 10.99 and a beta of 1.05. Invesco S&P MidCap 400 Pure Value ETF has a 1 year low of $118.14 and a 1 year high of $147.71. The stock has a 50 day moving average price of $138.63 and a 200 day moving average price of $134.51.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of RFV. Golden State Wealth Management LLC increased its stake in Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% in the 4th quarter. Golden State Wealth Management LLC now owns 797 shares of the company’s stock worth $102,000 after buying an additional 783 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 174.2% in the third quarter. NewEdge Advisors LLC now owns 817 shares of the company’s stock valued at $105,000 after acquiring an additional 519 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% in the third quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock worth $137,000 after acquiring an additional 445 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Value ETF during the fourth quarter worth about $169,000. Finally, Prospera Financial Services Inc bought a new stake in Invesco S&P MidCap 400 Pure Value ETF during the 3rd quarter valued at approximately $216,000.

Invesco S&P MidCap 400 Pure Value ETF Company Profile

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.