Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Up 37.0% in January

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 18,037 shares, an increase of 37.0% from the January 15th total of 13,168 shares. Based on an average daily volume of 7,507 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.9% of the company’s stock are sold short. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 7,507 shares, the days-to-cover ratio is presently 2.4 days.

Invesco S&P SmallCap 600 Pure Value ETF Stock Up 1.2%

RZV stock traded up $1.53 during trading on Friday, hitting $133.62. 8,598 shares of the company’s stock traded hands, compared to its average volume of 10,333. Invesco S&P SmallCap 600 Pure Value ETF has a 1 year low of $81.43 and a 1 year high of $139.95. The business has a fifty day simple moving average of $126.16 and a two-hundred day simple moving average of $119.77. The firm has a market capitalization of $253.88 million, a P/E ratio of 10.81 and a beta of 1.20.

Institutional Trading of Invesco S&P SmallCap 600 Pure Value ETF

Several hedge funds have recently modified their holdings of RZV. Innova Wealth Partners increased its position in Invesco S&P SmallCap 600 Pure Value ETF by 1.2% during the 4th quarter. Innova Wealth Partners now owns 7,820 shares of the company’s stock valued at $930,000 after buying an additional 91 shares in the last quarter. Stratos Wealth Partners LTD. lifted its position in Invesco S&P SmallCap 600 Pure Value ETF by 1.6% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,908 shares of the company’s stock worth $829,000 after acquiring an additional 126 shares during the period. CWM LLC grew its stake in Invesco S&P SmallCap 600 Pure Value ETF by 9.6% during the 4th quarter. CWM LLC now owns 2,047 shares of the company’s stock valued at $243,000 after purchasing an additional 180 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock valued at $1,016,000 after purchasing an additional 195 shares during the period. Finally, Global Retirement Partners LLC raised its stake in shares of 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 purchasing an additional 248 shares during the last quarter.

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.