Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Trading Up 0.7% – What’s Next?

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) shares shot up 0.7% during trading on Tuesday . The company traded as high as $113.54 and last traded at $113.46. 1,276 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 6,523 shares. The stock had previously closed at $112.62.

Invesco S&P SmallCap 600 Pure Value ETF Trading Up 0.7%

The company has a market capitalization of $216.71 million, a price-to-earnings ratio of 10.81 and a beta of 1.20. The company has a 50 day moving average price of $117.49 and a 200 day moving average price of $110.44.

Institutional Trading of Invesco S&P SmallCap 600 Pure Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in Invesco S&P SmallCap 600 Pure Value ETF by 228,559.8% during the 1st quarter. Jones Financial Companies Lllp now owns 1,193,604 shares of the company’s stock valued at $117,988,000 after purchasing an additional 1,193,082 shares during the period. Wealthcare Advisory Partners LLC raised its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 17.2% during the third quarter. Wealthcare Advisory Partners LLC now owns 72,883 shares of the company’s stock worth $8,603,000 after buying an additional 10,708 shares during the last quarter. Discipline Wealth Solutions LLC acquired a new position in Invesco S&P SmallCap 600 Pure Value ETF in the third quarter valued at approximately $1,032,000. Fifth Third Securities Inc. acquired a new position in Invesco S&P SmallCap 600 Pure Value ETF in the third quarter valued at approximately $673,000. Finally, Focus Partners Advisor Solutions LLC boosted its stake in Invesco S&P SmallCap 600 Pure Value ETF by 71.3% in the first quarter. Focus Partners Advisor Solutions LLC now owns 9,383 shares of the company’s stock valued at $928,000 after acquiring an additional 3,905 shares during the last quarter.

About Invesco S&P SmallCap 600 Pure Value ETF

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.