MML Investors Services LLC Has $552,000 Position in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV)

MML Investors Services LLC cut its stake in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 14.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,052 shares of the company’s stock after selling 856 shares during the period. MML Investors Services LLC’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $552,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of RZV. Twelve Points Wealth Management LLC boosted its stake in Invesco S&P SmallCap 600 Pure Value ETF by 7.1% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 15,841 shares of the company’s stock valued at $1,732,000 after purchasing an additional 1,044 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 8.3% during the second quarter. Commonwealth Equity Services LLC now owns 9,355 shares of the company’s stock worth $928,000 after buying an additional 716 shares in the last quarter. Smallwood Wealth Investment Management LLC boosted its position in shares of Invesco S&P SmallCap 600 Pure Value ETF by 65.9% in the third quarter. Smallwood Wealth Investment Management LLC now owns 6,516 shares of the company’s stock valued at $712,000 after acquiring an additional 2,589 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF in the third quarter valued at about $657,000. Finally, Creative Planning bought a new position in Invesco S&P SmallCap 600 Pure Value ETF during the second quarter worth about $420,000.

Invesco S&P SmallCap 600 Pure Value ETF Trading Up 0.4 %

NYSEARCA RZV opened at $111.05 on Monday. The company has a 50 day moving average of $113.44 and a 200-day moving average of $107.73. The company has a market cap of $248.75 million, a price-to-earnings ratio of 9.58 and a beta of 1.32. Invesco S&P SmallCap 600 Pure Value ETF has a 1-year low of $95.06 and a 1-year high of $120.25.

Invesco S&P SmallCap 600 Pure Value ETF Profile

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.