Short Interest in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Decreases By 70.2%

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 1,485 shares, a drop of 70.2% from the November 30th total of 4,981 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 0.0%

Invesco S&P SmallCap 600 Pure Value ETF stock traded down $0.04 during mid-day trading on Friday, hitting $120.37. 4,784 shares of the company were exchanged, compared to its average volume of 6,344. The company has a market capitalization of $229.91 million, a PE ratio of 10.81 and a beta of 1.20. The business has a fifty day moving average of $118.58 and a 200 day moving average of $114.56. Invesco S&P SmallCap 600 Pure Value ETF has a 1-year low of $81.43 and a 1-year high of $124.12.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Value ETF

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