Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 105,467 shares, a decrease of 53.7% from the June 30th total of 227,896 shares. Based on an average daily volume of 122,959 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the company’s stock are short sold.
Invesco S&P 500 Pure Value ETF Stock Performance
NYSEARCA:RPV traded down $0.63 on Thursday, hitting $119.35. The stock had a trading volume of 138,731 shares, compared to its average volume of 169,082. Invesco S&P 500 Pure Value ETF has a 1 year low of $90.30 and a 1 year high of $121.27. The firm’s fifty day simple moving average is $115.40 and its two-hundred day simple moving average is $111.40. The stock has a market cap of $1.66 billion, a P/E ratio of 13.00 and a beta of 0.82.
Institutional Trading of Invesco S&P 500 Pure Value ETF
Institutional investors and hedge funds have recently modified their holdings of the business. IFC & Insurance Marketing Inc. purchased a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter worth $31,000. MBM Wealth Consultants LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter valued at $36,000. Assetmark Inc. raised its stake in shares of Invesco S&P 500 Pure Value ETF by 42.7% during the 4th quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 4th quarter worth about $44,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter worth about $48,000.
Invesco S&P 500 Pure Value ETF Company Profile
The Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that is based on the S&P 500\u002FCitigroup Pure Value index. The fund tracks an index of primarily large-cap, committee-selected US stocks. The index covers about 33% of the S&P 500’s market cap, using three factors to select value stocks. RPV was launched on Mar 1, 2006 and is managed by Invesco.
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