Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Stock Short Interest Report for October

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 175,691 shares, an increase of 85.8% from the September 30th total of 94,562 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 286,460 shares, the short-interest ratio is presently 0.6 days.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of RPV traded up $0.10 during mid-day trading on Monday, reaching $121.94. The stock had a trading volume of 297,152 shares, compared to its average volume of 175,272. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 13.00 and a beta of 0.84. The business’s fifty day moving average is $119.70 and its 200 day moving average is $114.28. Invesco S&P 500 Pure Value ETF has a 52-week low of $96.95 and a 52-week high of $123.43.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

Large investors have recently bought and sold shares of the stock. Ayalon Insurance Comp Ltd. bought a new stake in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter worth approximately $837,000. NewEdge Advisors LLC raised its position in Invesco S&P 500 Pure Value ETF by 19.9% during the second quarter. NewEdge Advisors LLC now owns 52,878 shares of the company’s stock valued at $6,019,000 after buying an additional 8,766 shares during the period. PAX Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the first quarter worth approximately $1,258,000. Fidelity D & D Bancorp Inc. increased its stake in shares of Invesco S&P 500 Pure Value ETF by 9.0% in the first quarter. Fidelity D & D Bancorp Inc. now owns 195,694 shares of the company’s stock worth $21,016,000 after acquiring an additional 16,163 shares during the last quarter. Finally, Everest Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter valued at about $801,000.

About Invesco S&P 500 Pure Value ETF

The Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that is based on the S&P 500\u002FCitigroup Pure Value index. The fund tracks an index of primarily large-cap, committee-selected US stocks. The index covers about 33% of the S&P 500’s market cap, using three factors to select value stocks. RPV was launched on Mar 1, 2006 and is managed by Invesco.