Short Interest in Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Rises By 44.6%

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 2,290 shares, an increase of 44.6% from the February 12th total of 1,584 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 8,442 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 8,442 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

NYSEARCA RFV opened at $126.11 on Friday. The business’s 50-day moving average is $134.69 and its 200 day moving average is $130.63. The stock has a market capitalization of $292.58 million, a PE ratio of 10.99 and a beta of 1.16. Invesco S&P MidCap 400 Pure Value ETF has a 1 year low of $96.78 and a 1 year high of $142.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Golden State Wealth Management LLC boosted its stake in Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% during the 4th quarter. Golden State Wealth Management LLC now owns 797 shares of the company’s stock valued at $102,000 after purchasing an additional 783 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 174.2% in the third quarter. NewEdge Advisors LLC now owns 817 shares of the company’s stock worth $105,000 after purchasing an additional 519 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% during the third quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock valued at $137,000 after purchasing an additional 445 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.7% during the third quarter. CoreCap Advisors LLC now owns 1,311 shares of the company’s stock valued at $168,000 after purchasing an additional 178 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Invesco S&P MidCap 400 Pure Value ETF in the fourth quarter worth approximately $169,000.

Invesco S&P MidCap 400 Pure Value ETF Company Profile

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.