Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Short Interest Down 86.4% in April

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,230 shares, a drop of 86.4% from the April 15th total of 9,027 shares. Based on an average daily volume of 7,592 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Invesco S&P MidCap 400 Pure Value ETF Trading Down 0.5%

Invesco S&P MidCap 400 Pure Value ETF stock traded down $0.64 during trading on Tuesday, reaching $137.43. The company had a trading volume of 3,498 shares, compared to its average volume of 7,682. Invesco S&P MidCap 400 Pure Value ETF has a 52 week low of $113.53 and a 52 week high of $142.77. The firm’s 50-day simple moving average is $133.02 and its 200 day simple moving average is $131.95. The firm has a market capitalization of $310.59 million, a price-to-earnings ratio of 10.99 and a beta of 1.07.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Golden State Wealth Management LLC raised its holdings in Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% during the fourth quarter. Golden State Wealth Management LLC now owns 797 shares of the company’s stock valued at $102,000 after acquiring an additional 783 shares during the period. NewEdge Advisors LLC raised its holdings in Invesco S&P MidCap 400 Pure Value ETF by 174.2% during the third quarter. NewEdge Advisors LLC now owns 817 shares of the company’s stock valued at $105,000 after acquiring an additional 519 shares during the period. IFP Advisors Inc raised its holdings in Invesco S&P MidCap 400 Pure Value ETF by 71.0% during the third quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock valued at $137,000 after acquiring an additional 445 shares during the period. CoreCap Advisors LLC raised its holdings in Invesco S&P MidCap 400 Pure Value ETF by 15.7% during the third quarter. CoreCap Advisors LLC now owns 1,311 shares of the company’s stock valued at $168,000 after acquiring an additional 178 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in Invesco S&P MidCap 400 Pure Value ETF during the fourth quarter valued at about $169,000.

About Invesco S&P MidCap 400 Pure Value ETF

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.