Short Interest in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Rises By 100.1%

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 5,879 shares, an increase of 100.1% from the April 15th total of 2,938 shares. Based on an average daily volume of 8,843 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 1.7%

NYSEARCA RZV traded down $2.23 on Friday, hitting $131.29. The stock had a trading volume of 2,236 shares, compared to its average volume of 7,791. Invesco S&P SmallCap 600 Pure Value ETF has a one year low of $95.89 and a one year high of $139.95. The stock has a market cap of $254.70 million, a price-to-earnings ratio of 10.81 and a beta of 1.11. The company’s 50-day moving average is $129.29 and its two-hundred day moving average is $125.94.

Institutional Trading of Invesco S&P SmallCap 600 Pure Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in RZV. Cardiff Park Advisors LLC bought a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the first quarter valued at approximately $81,000. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 69.4% in the first quarter. Cetera Investment Advisers now owns 7,832 shares of the company’s stock valued at $974,000 after acquiring an additional 3,208 shares in the last quarter. Theory Financial LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 33.4% in the first quarter. Theory Financial LLC now owns 37,781 shares of the company’s stock valued at $4,700,000 after acquiring an additional 9,462 shares in the last quarter. Innova Wealth Partners boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 43.3% in the first quarter. Innova Wealth Partners now owns 11,209 shares of the company’s stock valued at $1,394,000 after acquiring an additional 3,389 shares in the last quarter. Finally, American Institute for Advanced Investment Management LLP boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.9% in the first quarter. American Institute for Advanced Investment Management LLP now owns 5,870 shares of the company’s stock valued at $730,000 after acquiring an additional 110 shares in the last quarter.

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.