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 target of a large decline in short interest in March. As of March 13th, there was short interest totaling 1,395 shares, a decline of 82.6% from the February 26th total of 8,029 shares. Based on an average trading volume of 7,985 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 7,985 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of RZV. MML Investors Services LLC lifted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 6.3% during the 4th quarter. MML Investors Services LLC now owns 3,593 shares of the company’s stock valued at $427,000 after buying an additional 214 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the 4th quarter valued at approximately $33,000. Commonwealth Equity Services LLC increased its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 2.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 12,594 shares of the company’s stock worth $1,498,000 after buying an additional 338 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 19.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 19,444 shares of the company’s stock worth $2,312,000 after buying an additional 3,141 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P SmallCap 600 Pure Value ETF by 8.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,776 shares of the company’s stock valued at $568,000 after acquiring an additional 368 shares in the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

Shares of NYSEARCA:RZV traded up $1.52 during midday trading on Wednesday, hitting $125.24. 2,710 shares of the stock were exchanged, compared to its average volume of 9,028. Invesco S&P SmallCap 600 Pure Value ETF has a 52-week low of $81.43 and a 52-week high of $139.95. The business’s fifty day simple moving average is $129.10 and its two-hundred day simple moving average is $122.50. The company has a market capitalization of $237.96 million, a PE ratio of 10.81 and a beta of 1.20.

Invesco S&P SmallCap 600 Pure Value ETF Company Profile

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.