Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Short Interest Update

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 136,407 shares, an increase of 51.5% from the July 30th total of 90,062 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 284,588 shares, the days-to-cover ratio is presently 0.5 days.

Invesco S&P 500 Pure Value ETF Stock Up 1.3%

NYSEARCA RPV opened at $122.88 on Thursday. The company has a 50-day moving average price of $119.18 and a 200-day moving average price of $113.64. Invesco S&P 500 Pure Value ETF has a 52 week low of $95.86 and a 52 week high of $123.43. The firm has a market capitalization of $1.71 billion, a P/E ratio of 13.00 and a beta of 0.82.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in RPV. Legacy Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter valued at $1,681,000. Strategic Advocates LLC lifted its position in Invesco S&P 500 Pure Value ETF by 4.4% during the fourth quarter. Strategic Advocates LLC now owns 288,160 shares of the company’s stock valued at $29,963,000 after purchasing an additional 12,037 shares in the last quarter. Fidelity D & D Bancorp Inc. grew its holdings in Invesco S&P 500 Pure Value ETF by 95.7% during the fourth quarter. Fidelity D & D Bancorp Inc. now owns 179,531 shares of the company’s stock valued at $18,556,000 after purchasing an additional 87,811 shares during the period. New England Private Wealth Advisors LLC increased its position in Invesco S&P 500 Pure Value ETF by 2,001.6% in the fourth quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock worth $35,868,000 after buying an additional 330,363 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter worth about $3,125,000.

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.