Invesco S&P SmallCap 600 Pure Value ETF
RZV
56 hedge funds and large institutions have $139M invested in Invesco S&P SmallCap 600 Pure Value ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
18% more capital invested
Capital invested by funds: $118M → $139M (+$21M)
4% more funds holding
Funds holding: 54 → 56 (+2)
1.47% more ownership
Funds ownership: 51.02% → 52.48% (+1.5%)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.06M |
| 2 |
S
SimplyRich
Carlsbad,
California
|
+$810K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$709K |
| 4 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$706K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$525K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.16M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$2.54M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.74M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$815K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
51
Farther Finance Advisors
San Francisco,
California
| $28.9K | – | – | – |
|
|
GJIA
52
Glass Jacobson Investment Advisors
Owings Mills,
Maryland
| $19.3K | – | – | – |
|
|
DWMG
53
DB Wealth Management Group
San Diego,
California
| $18.6K | – | – | – |
|
|
TWM
54
Tradition Wealth Management
Edina,
Minnesota
| $11K | – | – | – |
|
|
NP
55
NorthRock Partners
Minneapolis,
Minnesota
| $4.83K | +$4.2K | +45 | New |
|
|
NA
56
NewEdge Advisors
New Orleans,
Louisiana
| $1.61K | – | – | – |
|
|
57
IMC Chicago
Chicago,
Illinois
| – | -$2.54M | -27,881 | Closed |
|
|
58
Citadel Advisors
Miami,
Florida
| – | -$815K | -8,953 | Closed |
|
|
IWC
59
Integrated Wealth Concepts
Waltham,
Massachusetts
| – | -$481K | -5,278 | Closed |
|
|
RJFSA
60
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$344K | -3,776 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$30.7K | -337 | Closed |
|
RZV Hedge Fund Activity: Q4 2023 in Review
56 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco S&P SmallCap 600 Pure Value ETF (RZV) for Q4 2023, worth a combined $139M — up 18% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RZV positions and 5 closed out — a net gain of 2 holders — while 18 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.06M. The largest seller was Bank of America, cutting an estimated $3.16M.
- 56 institutional investors held Invesco S&P SmallCap 600 Pure Value ETF (RZV) as of Q4 2023, up from 54 in Q3 2023.
- Funds reported $139M of Invesco S&P SmallCap 600 Pure Value ETF stock for Q4 2023, up 18% quarter-over-quarter.
- 7 funds opened new Invesco S&P SmallCap 600 Pure Value ETF positions in Q4 2023 and 5 closed out, a net change of +2 holders.
- The largest Invesco S&P SmallCap 600 Pure Value ETF buyer in Q4 2023 was Morgan Stanley, an estimated $9.06M added.
- The largest Invesco S&P SmallCap 600 Pure Value ETF seller in Q4 2023 was Bank of America, an estimated $3.16M sold.
Based on aggregated 13F filings for Q4 2023.