Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Down 82.6% in March

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,395 shares, a decline of 82.6% from the February 26th total of 8,029 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 7,985 shares, the days-to-cover ratio is presently 0.2 days.

Invesco S&P SmallCap 600 Pure Value ETF Stock Down 0.4%

Shares of RZV traded down $0.54 on Thursday, hitting $124.70. 4,441 shares of the stock traded hands, compared to its average volume of 8,952. The firm has a market capitalization of $236.93 million, a P/E ratio of 10.81 and a beta of 1.20. The stock’s 50 day moving average is $128.92 and its two-hundred day moving average is $122.54. Invesco S&P SmallCap 600 Pure Value ETF has a 1 year low of $81.43 and a 1 year high of $139.95.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Global Retirement Partners LLC boosted its holdings in shares of 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 purchasing an additional 248 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Invesco S&P SmallCap 600 Pure Value ETF in the fourth quarter valued at $33,000. Raymond James Financial Inc. acquired a new position in Invesco S&P SmallCap 600 Pure Value ETF in the second quarter valued at $35,000. Jackson Hole Capital Partners LLC purchased a new position in Invesco S&P SmallCap 600 Pure Value ETF during the third quarter worth about $54,000. Finally, Cardiff Park Advisors LLC purchased a new position in Invesco S&P SmallCap 600 Pure Value ETF during the third quarter worth about $77,000.

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.