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 growth in short interest in June. As of June 15th, there was short interest totaling 5,441 shares, a growth of 103.3% from the May 31st total of 2,676 shares. Based on an average daily volume of 2,983 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.3% of the shares of the company are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RZV. Kestra Advisory Services LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Value ETF during the 4th quarter valued at about $33,000. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the second quarter worth about $35,000. Cardiff Park Advisors LLC purchased a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the first quarter worth about $81,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF during the fourth quarter worth about $171,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF during the second quarter worth about $201,000.

Invesco S&P SmallCap 600 Pure Value ETF Trading Up 0.1%

Shares of NYSEARCA RZV traded up $0.21 during midday trading on Wednesday, reaching $149.27. The company had a trading volume of 8,091 shares, compared to its average volume of 6,970. Invesco S&P SmallCap 600 Pure Value ETF has a 1 year low of $103.54 and a 1 year high of $150.73. The business’s 50-day simple moving average is $139.32 and its 200 day simple moving average is $131.27. The stock has a market cap of $289.58 million, a P/E ratio of 10.81 and a beta of 1.10.

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.