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 decrease in short interest during the month of January. As of January 15th, there was short interest totaling 13,466 shares, a decrease of 37.3% from the December 31st total of 21,474 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 7,756 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily trading volume, of 7,756 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.6% of the company’s stock are sold short.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

Shares of NYSEARCA:RFV opened at $134.21 on Friday. Invesco S&P MidCap 400 Pure Value ETF has a fifty-two week low of $96.78 and a fifty-two week high of $136.30. The business has a 50-day moving average of $131.07 and a two-hundred day moving average of $128.32. The stock has a market capitalization of $311.37 million, a P/E ratio of 10.99 and a beta of 1.16.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC boosted its position in Invesco S&P MidCap 400 Pure Value ETF by 2.9% during the fourth quarter. Sanctuary Advisors LLC now owns 49,694 shares of the company’s stock worth $6,351,000 after purchasing an additional 1,389 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 1,841.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,806 shares of the company’s stock worth $231,000 after buying an additional 1,713 shares during the period. Fischer Investment Strategies LLC acquired a new position in Invesco S&P MidCap 400 Pure Value ETF in the 4th quarter valued at $300,000. Merit Financial Group LLC acquired a new position in Invesco S&P MidCap 400 Pure Value ETF during the 4th quarter worth $3,757,000. Finally, Axiom Financial Strategies LLC boosted its holdings in Invesco S&P MidCap 400 Pure Value ETF by 2.5% during the fourth quarter. Axiom Financial Strategies LLC now owns 5,858 shares of the company’s stock valued at $749,000 after acquiring an additional 142 shares during the period.

About Invesco S&P MidCap 400 Pure Value ETF

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.