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

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) was the target of a significant 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. Based on an average daily volume of 4,979 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Invesco S&P MidCap 400 Pure Value ETF Stock Performance

Shares of RFV traded down $1.13 during mid-day trading on Monday, reaching $145.64. The company had a trading volume of 2,643 shares, compared to its average volume of 7,076. The company has a market capitalization of $329.15 million, a price-to-earnings ratio of 10.99 and a beta of 1.05. The firm has a 50-day moving average price of $138.63 and a 200 day moving average price of $134.51. Invesco S&P MidCap 400 Pure Value ETF has a 52 week low of $118.14 and a 52 week high of $147.71.

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

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

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.