Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Short Interest Update

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 13,466 shares, a decline of 37.3% from the December 31st total of 21,474 shares. Based on an average daily trading volume, of 7,756 shares, the short-interest ratio is currently 1.7 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,756 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Value ETF

Several hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC increased 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 worth $105,000 after acquiring an additional 519 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% during the third quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock worth $137,000 after purchasing an additional 445 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.7% in the third quarter. CoreCap Advisors LLC now owns 1,311 shares of the company’s stock valued at $168,000 after buying an additional 178 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Value ETF during the 4th quarter valued at about $169,000. Finally, Stephens Inc. AR acquired a new position in Invesco S&P MidCap 400 Pure Value ETF during the 3rd quarter worth approximately $205,000.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

NYSEARCA:RFV traded down $0.49 during trading hours on Friday, reaching $133.72. 3,313 shares of the company traded hands, compared to its average volume of 7,106. The firm’s 50-day moving average is $131.25 and its 200-day moving average is $128.37. Invesco S&P MidCap 400 Pure Value ETF has a 1-year low of $96.78 and a 1-year high of $136.30. The stock has a market cap of $310.23 million, a P/E ratio of 10.99 and a beta of 1.16.

About Invesco S&P MidCap 400 Pure Value ETF

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.