Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Short Interest Up 51.5% in August

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) was the recipient of a large increase in short interest during 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. Based on an average trading volume of 284,588 shares, the short-interest ratio is presently 0.5 days. Currently, 1.0% of the company’s shares are short sold.

Invesco S&P 500 Pure Value ETF Stock Up 0.6%

RPV traded up $0.72 on Tuesday, hitting $121.64. The company had a trading volume of 17,502 shares, compared to its average volume of 172,572. The business’s fifty day simple moving average is $118.83 and its 200 day simple moving average is $113.50. Invesco S&P 500 Pure Value ETF has a 12-month low of $95.86 and a 12-month high of $123.36. The company has a market cap of $1.70 billion, a PE ratio of 13.00 and a beta of 0.82.

Hedge Funds Weigh In On Invesco S&P 500 Pure Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of RPV. Compass Financial Management LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 2nd quarter worth approximately $26,000. IFC & Insurance Marketing Inc. purchased a new stake in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at $31,000. MBM Wealth Consultants LLC purchased a new stake in Invesco S&P 500 Pure Value ETF during the 1st quarter valued at $36,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Invesco S&P 500 Pure Value ETF in the fourth quarter worth $44,000. Finally, Ascentis Independent Advisors bought a new stake in Invesco S&P 500 Pure Value ETF in the first quarter worth $48,000.

Invesco S&P 500 Pure Value ETF Company Profile

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.