Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Up 103.3% in June

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the recipient of a significant growth in short interest in the month of 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 currently 1.8 days. Approximately 0.3% of the company’s shares are sold short.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 0.3%

Shares of Invesco S&P SmallCap 600 Pure Value ETF stock traded down $0.49 during mid-day trading on Tuesday, hitting $148.57. The stock had a trading volume of 1,610 shares, compared to its average volume of 6,954. The firm has a 50-day moving average of $139.05 and a two-hundred day moving average of $131.08. The firm has a market cap of $288.23 million, a P/E ratio of 10.81 and a beta of 1.10. Invesco S&P SmallCap 600 Pure Value ETF has a 12-month low of $103.54 and a 12-month high of $149.51.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Value ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IMC Chicago LLC acquired a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the 4th quarter valued at $5,152,000. Fortis Group Advisors LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the 4th quarter valued at about $1,166,000. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P SmallCap 600 Pure Value ETF by 310.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,087 shares of the company’s stock valued at $2,151,000 after buying an additional 13,679 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its position in 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 buying an additional 110 shares during the last quarter. Finally, Armbruster Capital Management Inc. lifted its position in Invesco S&P SmallCap 600 Pure Value ETF by 0.3% in the first quarter. Armbruster Capital Management Inc. now owns 66,103 shares of the company’s stock valued at $8,223,000 after buying an additional 181 shares during the last quarter.

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.