Short Interest in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Expands By 37.0%

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 18,037 shares, a growth of 37.0% from the January 15th total of 13,168 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average trading volume of 7,507 shares, the days-to-cover ratio is presently 2.4 days. Based on an average trading volume of 7,507 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.9% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of RZV. Royal Bank of Canada grew its stake in Invesco S&P SmallCap 600 Pure Value ETF by 1.9% in the 1st quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock worth $1,016,000 after acquiring an additional 195 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 4.8% during the first quarter. Goldman Sachs Group Inc. now owns 13,971 shares of the company’s stock worth $1,381,000 after buying an additional 637 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.6% during the second quarter. Stratos Wealth Partners LTD. now owns 7,908 shares of the company’s stock valued at $829,000 after buying an additional 126 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF during the second quarter valued at $201,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P SmallCap 600 Pure Value ETF by 8.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,530 shares of the company’s stock valued at $370,000 after acquiring an additional 271 shares during the period.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 0.4%

Invesco S&P SmallCap 600 Pure Value ETF stock traded down $0.51 during mid-day trading on Tuesday, reaching $133.12. 3,031 shares of the company’s stock traded hands, compared to its average volume of 10,093. Invesco S&P SmallCap 600 Pure Value ETF has a 12-month low of $81.43 and a 12-month high of $139.95. The stock has a 50 day moving average of $126.42 and a two-hundred day moving average of $120.05. The company has a market cap of $252.92 million, a price-to-earnings ratio of 10.81 and a beta of 1.20.

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.