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 recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 1,485 shares, a decline of 70.2% from the November 30th total of 4,981 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,573 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 4,573 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Invesco S&P SmallCap 600 Pure Value ETF Stock Up 1.1%

Shares of RZV opened at $120.41 on Thursday. The company has a 50 day moving average of $118.41 and a two-hundred day moving average of $114.31. Invesco S&P SmallCap 600 Pure Value ETF has a twelve month low of $81.43 and a twelve month high of $124.12. The company has a market cap of $229.98 million, a price-to-earnings ratio of 10.81 and a beta of 1.20.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 729.4% in the third quarter. Global Retirement Partners LLC now owns 282 shares of the company’s stock worth $33,000 after acquiring an additional 248 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the 2nd quarter valued at approximately $35,000. Jackson Hole Capital Partners LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the 3rd quarter worth approximately $54,000. Cardiff Park Advisors LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the 3rd quarter worth approximately $77,000. Finally, Envestnet Asset Management Inc. purchased a new stake in Invesco S&P SmallCap 600 Pure Value ETF during the 2nd quarter worth approximately $201,000.

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.