Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Short Interest Update

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 6,994 shares, a growth of 134.9% from the June 30th total of 2,978 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 6,283 shares, the days-to-cover ratio is presently 1.1 days.

Invesco S&P MidCap 400 Pure Value ETF Stock Performance

NYSEARCA RFV traded up $0.86 during trading on Tuesday, reaching $149.61. 514 shares of the company’s stock were exchanged, compared to its average volume of 6,813. The stock has a market cap of $335.13 million, a P/E ratio of 10.99 and a beta of 1.05. The company has a 50 day moving average price of $143.48 and a two-hundred day moving average price of $137.62. Invesco S&P MidCap 400 Pure Value ETF has a 1 year low of $118.44 and a 1 year high of $150.67.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BNB Wealth Management LLC acquired a new position in Invesco S&P MidCap 400 Pure Value ETF in the fourth quarter valued at approximately $1,401,000. Merit Financial Group LLC acquired a new stake in Invesco S&P MidCap 400 Pure Value ETF during the fourth quarter worth approximately $3,757,000. Royal Bank of Canada raised its holdings in Invesco S&P MidCap 400 Pure Value ETF by 15.2% during the first quarter. Royal Bank of Canada now owns 71,480 shares of the company’s stock worth $9,290,000 after purchasing an additional 9,443 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 3.5% during the 2nd quarter. CoreCap Advisors LLC now owns 2,281 shares of the company’s stock worth $326,000 after buying an additional 77 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Value ETF during the 1st quarter worth approximately $294,000.

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.