Short Interest in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Decreases By 46.3%

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 9,694 shares, a decline of 46.3% from the January 29th total of 18,037 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 10,635 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 10,635 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the company’s shares are short sold.

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

A number of large investors have recently bought and sold shares of RZV. Royal Bank of Canada raised its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 1.9% during 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. Goldman Sachs Group Inc. increased its position in Invesco S&P SmallCap 600 Pure Value ETF by 4.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,971 shares of the company’s stock valued at $1,381,000 after buying an additional 637 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the 2nd quarter valued at about $201,000. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P SmallCap 600 Pure Value ETF by 8.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,530 shares of the company’s stock worth $370,000 after buying an additional 271 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Invesco S&P SmallCap 600 Pure Value ETF in the second quarter worth approximately $35,000.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

Shares of Invesco S&P SmallCap 600 Pure Value ETF stock traded down $1.44 on Friday, reaching $130.45. 5,768 shares of the company’s stock were exchanged, compared to its average volume of 9,733. The company has a market capitalization of $247.86 million, a P/E ratio of 10.81 and a beta of 1.20. Invesco S&P SmallCap 600 Pure Value ETF has a 52 week low of $81.43 and a 52 week high of $139.95. The firm’s 50-day moving average is $128.31 and its two-hundred day moving average is $121.52.

Invesco S&P SmallCap 600 Pure Value ETF Company 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. 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.