Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Shares Shorted: Short Interest Up 85.8% in October

by · The Markets Daily

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 175,691 shares, an increase of 85.8% from the September 30th total of 94,562 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average trading volume of 286,460 shares, the short-interest ratio is currently 0.6 days.

Invesco S&P 500 Pure Value ETF Trading Up 0.5%

RPV stock opened at $121.84 on Friday. Invesco S&P 500 Pure Value ETF has a 1-year low of $96.95 and a 1-year high of $123.43. The firm has a market cap of $1.76 billion, a P/E ratio of 13.00 and a beta of 0.84. The business’s 50 day moving average is $119.70 and its 200-day moving average is $114.28.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

A number of large investors have recently added to or reduced their stakes in RPV. Integrity Alliance LLC. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter worth $3,258,000. Salomon & Ludwin LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at about $72,000. Strategic Family Wealth Counselors L.L.C. acquired a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter valued at about $208,000. Vise Technologies Inc. increased its position in shares of Invesco S&P 500 Pure Value ETF by 621.9% during the third quarter. Vise Technologies Inc. now owns 70,738 shares of the company’s stock worth $8,116,000 after acquiring an additional 60,939 shares in the last quarter. Finally, SYM FINANCIAL Corp purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter worth approximately $107,000.

Invesco S&P 500 Pure Value ETF Company Profile

(Get Free Report)

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.

Read More