Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Short Interest Down 86.4% in April

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 1,230 shares, a decline of 86.4% from the April 15th total of 9,027 shares. Based on an average daily trading volume, of 7,592 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

Shares of NYSEARCA:RFV traded down $0.64 during trading hours on Tuesday, hitting $137.43. 3,498 shares of the company’s stock traded hands, compared to its average volume of 7,682. Invesco S&P MidCap 400 Pure Value ETF has a 1 year low of $113.53 and a 1 year high of $142.77. The business has a fifty day moving average price of $133.02 and a 200-day moving average price of $131.95. The firm has a market capitalization of $310.59 million, a P/E ratio of 10.99 and a beta of 1.07.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of RFV. Golden State Wealth Management LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% in the fourth 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 period. NewEdge Advisors LLC boosted its holdings 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 valued at $105,000 after purchasing an additional 519 shares during the period. IFP Advisors Inc boosted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% in 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 during the period. CoreCap Advisors LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.7% in 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 during the period. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Value ETF in the fourth quarter valued at 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.