Short Interest in Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Grows By 66.9%

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 793 shares, an increase of 66.9% from the May 14th total of 475 shares. Based on an average daily volume of 4,979 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Invesco S&P MidCap 400 Pure Value ETF Trading Down 0.4%

RFV stock traded down $0.53 during mid-day trading on Tuesday, hitting $145.11. The stock had a trading volume of 3,825 shares, compared to its average volume of 7,047. The stock has a market capitalization of $327.95 million, a price-to-earnings ratio of 10.99 and a beta of 1.05. The company has a fifty day moving average of $138.92 and a 200 day moving average of $134.62. Invesco S&P MidCap 400 Pure Value ETF has a 1-year low of $118.14 and a 1-year high of $147.71.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 97.2% during the 4th quarter. LPL Financial LLC now owns 169,208 shares of the company’s stock valued at $21,625,000 after acquiring an additional 83,424 shares during the last quarter. Stratos Wealth Advisors LLC increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 3.4% during the 4th quarter. Stratos Wealth Advisors LLC now owns 79,420 shares of the company’s stock valued at $10,150,000 after acquiring an additional 2,647 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.2% during the 1st quarter. Royal Bank of Canada now owns 71,480 shares of the company’s stock valued at $9,290,000 after acquiring an additional 9,443 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 56.4% during the 3rd quarter. Raymond James Financial Inc. now owns 50,118 shares of the company’s stock valued at $6,429,000 after acquiring an additional 18,083 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 2.9% during the 4th quarter. Sanctuary Advisors LLC now owns 49,694 shares of the company’s stock valued at $6,351,000 after acquiring an additional 1,389 shares during the last quarter.

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.