Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 35,500 shares, a decline of 84.7% from the May 15th total of 231,400 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 233,800 shares, the days-to-cover ratio is presently 0.2 days.
Invesco S&P 500 Pure Value ETF Trading Down 0.5%
Shares of NYSEARCA RPV opened at $91.93 on Friday. The firm has a 50 day moving average of $89.23 and a 200 day moving average of $90.96. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 14.29 and a beta of 0.96. Invesco S&P 500 Pure Value ETF has a 12-month low of $80.40 and a 12-month high of $97.73.
Institutional Trading of Invesco S&P 500 Pure Value ETF
Large investors have recently added to or reduced their stakes in the business. Belpointe Asset Management LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF in the first quarter worth approximately $814,000. Integrity Alliance LLC. bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $2,197,000. Goldman Sachs Group Inc. lifted its holdings in shares of Invesco S&P 500 Pure Value ETF by 83.8% in the first quarter. Goldman Sachs Group Inc. now owns 51,215 shares of the company’s stock worth $4,730,000 after buying an additional 23,346 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Invesco S&P 500 Pure Value ETF by 163.7% during the first quarter. Jones Financial Companies Lllp now owns 10,103 shares of the company’s stock worth $933,000 after acquiring an additional 6,272 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in Invesco S&P 500 Pure Value ETF by 7.9% during the first quarter. Integrated Wealth Concepts LLC now owns 32,397 shares of the company’s stock valued at $2,992,000 after acquiring an additional 2,363 shares in the last quarter.
About Invesco S&P 500 Pure Value ETF
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.
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