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 increase in short interest in 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 presently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

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

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 73,979 shares of the company’s stock valued at $8,798,000 after buying an additional 1,096 shares during the period. Armbruster Capital Management Inc. increased its stake in shares of 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 period. IMC Chicago LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the fourth quarter valued at about $5,152,000. Theory Financial LLC increased its stake 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 buying an additional 9,462 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 19.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 19,444 shares of the company’s stock valued at $2,312,000 after buying an additional 3,141 shares during the period.

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

RZV traded down $2.23 on Friday, reaching $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 fifty-two week low of $95.89 and a fifty-two week high of $139.95. The firm has a 50-day moving average of $129.29 and a 200-day moving average of $125.90. The company has a market capitalization of $254.70 million, a price-to-earnings ratio of 10.81 and a beta of 1.11.

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.