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 significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,879 shares, a growth of 100.1% from the April 15th total of 2,938 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 8,843 shares, the short-interest ratio is currently 0.7 days.

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

A number of hedge funds have recently modified their holdings of the business. Innova Wealth Partners lifted its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.2% in the fourth quarter. Innova Wealth Partners now owns 7,820 shares of the company’s stock worth $930,000 after buying an additional 91 shares in the last quarter. American Institute for Advanced Investment Management LLP grew its stake in Invesco S&P SmallCap 600 Pure Value ETF by 1.9% during the 1st quarter. American Institute for Advanced Investment Management LLP now owns 5,870 shares of the company’s stock valued at $730,000 after acquiring an additional 110 shares in the last quarter. CWM LLC raised its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 9.6% in the 4th quarter. CWM LLC now owns 2,047 shares of the company’s stock valued at $243,000 after acquiring an additional 180 shares during the last quarter. Armbruster Capital Management Inc. lifted its stake in Invesco S&P SmallCap 600 Pure Value ETF by 0.3% in the 1st quarter. Armbruster Capital Management Inc. now owns 66,103 shares of the company’s stock worth $8,223,000 after purchasing an additional 181 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake in Invesco S&P SmallCap 600 Pure Value ETF by 2.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 8,492 shares of the company’s stock worth $1,010,000 after purchasing an additional 182 shares in the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

Shares of RZV traded up $1.35 during trading hours on Monday, hitting $132.64. 3,298 shares of the stock were exchanged, compared to its average volume of 7,737. The stock’s 50-day moving average price is $129.29 and its two-hundred day moving average price is $125.94. Invesco S&P SmallCap 600 Pure Value ETF has a 12-month low of $95.89 and a 12-month high of $139.95. The company has a market cap of $257.32 million, a price-to-earnings ratio of 10.81 and a beta of 1.11.

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.