Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Up 135.3% in March

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,283 shares, an increase of 135.3% from the March 15th total of 1,395 shares. Based on an average daily volume of 5,787 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Value ETF

Hedge funds have recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.5% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 73,979 shares of the company’s stock worth $8,798,000 after purchasing an additional 1,096 shares in the last quarter. IMC Chicago LLC purchased a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the fourth quarter worth approximately $5,152,000. Theory Financial LLC raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 11.7% during the third quarter. Theory Financial LLC now owns 31,388 shares of the company’s stock worth $3,696,000 after acquiring an additional 3,284 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 19.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 19,444 shares of the company’s stock worth $2,312,000 after acquiring an additional 3,141 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 310.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,087 shares of the company’s stock worth $2,151,000 after acquiring an additional 13,679 shares in the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Price Performance

Shares of RZV traded up $1.92 during midday trading on Monday, hitting $130.91. 2,361 shares of the company traded hands, compared to its average volume of 8,081. The stock has a 50-day moving average of $128.15 and a 200-day moving average of $123.24. Invesco S&P SmallCap 600 Pure Value ETF has a one year low of $85.56 and a one year high of $139.95. The firm has a market cap of $252.66 million, a P/E ratio of 10.81 and a beta of 1.10.

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.