Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Down 17.2% in February

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 8,029 shares, a drop of 17.2% from the February 12th total of 9,694 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 7,808 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 7,808 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. IMC Chicago LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the 4th quarter worth $5,152,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 310.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,087 shares of the company’s stock valued at $2,151,000 after buying an additional 13,679 shares during the period. Wealthcare Advisory Partners LLC raised its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 17.2% in the third quarter. Wealthcare Advisory Partners LLC now owns 72,883 shares of the company’s stock valued at $8,603,000 after acquiring an additional 10,708 shares in the last quarter. Fortis Group Advisors LLC bought a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the fourth quarter valued at about $1,166,000. Finally, Discipline Wealth Solutions LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the third quarter worth about $1,032,000.

Invesco S&P SmallCap 600 Pure Value ETF Stock Up 0.6%

RZV traded up $0.73 on Wednesday, reaching $121.95. 226 shares of the company traded hands, compared to its average volume of 9,561. The company has a market cap of $231.71 million, a P/E ratio of 10.81 and a beta of 1.20. Invesco S&P SmallCap 600 Pure Value ETF has a one year low of $81.43 and a one year high of $139.95. The firm has a fifty day simple moving average of $129.55 and a two-hundred day simple moving average of $122.40.

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.