Theory Financial LLC Cuts Stock Holdings in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV)

Theory Financial LLC reduced its stake in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 1.5% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 29,792 shares of the company’s stock after selling 445 shares during the quarter. Invesco S&P SmallCap 600 Pure Value ETF accounts for approximately 1.4% of Theory Financial LLC’s portfolio, making the stock its 26th largest holding. Theory Financial LLC’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $3,318,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,186 shares of the company’s stock worth $355,000 after buying an additional 89 shares during the last quarter. Twelve Points Wealth Management LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 0.6% in the 4th quarter. Twelve Points Wealth Management LLC now owns 15,939 shares of the company’s stock worth $1,775,000 after buying an additional 98 shares during the last quarter. FMR LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 40.0% in the 3rd quarter. FMR LLC now owns 640 shares of the company’s stock worth $70,000 after buying an additional 183 shares during the last quarter. Valley National Advisers Inc. boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 97.1% in the 3rd quarter. Valley National Advisers Inc. now owns 1,035 shares of the company’s stock worth $113,000 after buying an additional 510 shares during the last quarter. Finally, Matrix Trust Co lifted its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 573.7% during the fourth quarter. Matrix Trust Co now owns 1,792 shares of the company’s stock valued at $200,000 after purchasing an additional 1,526 shares during the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 1.9 %

NYSEARCA RZV opened at $106.63 on Friday. The company has a market cap of $238.85 million, a PE ratio of 9.58 and a beta of 1.32. Invesco S&P SmallCap 600 Pure Value ETF has a 52 week low of $95.06 and a 52 week high of $120.25. The firm’s 50-day simple moving average is $111.46 and its two-hundred day simple moving average is $110.40.

Invesco S&P SmallCap 600 Pure Value ETF Profile

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.