Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV – Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,230 shares, a drop of 86.4% from the April 15th total of 9,027 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,592 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Value ETF
A number of hedge funds have recently modified their holdings of RFV. Golden State Wealth Management LLC raised its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% during the fourth quarter. Golden State Wealth Management LLC now owns 797 shares of the company’s stock worth $102,000 after purchasing an additional 783 shares during the period. NewEdge Advisors LLC raised its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 174.2% during the third quarter. NewEdge Advisors LLC now owns 817 shares of the company’s stock worth $105,000 after purchasing an additional 519 shares during the period. IFP Advisors Inc raised its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% during the third quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock worth $137,000 after purchasing an additional 445 shares during the period. CoreCap Advisors LLC raised its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.7% during the third quarter. CoreCap Advisors LLC now owns 1,311 shares of the company’s stock worth $168,000 after purchasing an additional 178 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Value ETF during the fourth quarter worth about $169,000.
Invesco S&P MidCap 400 Pure Value ETF Trading Up 0.4%
Shares of NYSEARCA RFV traded up $0.58 during mid-day trading on Thursday, reaching $137.72. 5,042 shares of the company’s stock were exchanged, compared to its average volume of 7,620. The firm has a market capitalization of $311.25 million, a price-to-earnings ratio of 10.99 and a beta of 1.07. The business has a fifty day simple moving average of $133.18 and a 200 day simple moving average of $132.14. Invesco S&P MidCap 400 Pure Value ETF has a twelve month low of $113.53 and a twelve month high of $142.77.
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.
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