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Invesco S&P SmallCap 600 Pure Value ETF

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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 5456 (+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

Holders
56
Holders Change
+2
Holders Change %
+3.7%
% of All Funds
0.82%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
7
Increased
18
Reduced
19
Closed
5
Calls
$4K
Puts
Net Calls
+$4K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
SAI
1
Systematic Alpha Investments
New Jersey
$32.9M
Morgan Stanley
2
Morgan Stanley
New York
$15.8M +$9.06M +97,127 +193%
LPL Financial
3
LPL Financial
California
$12.6M +$447K +4,790 +4%
ACM
4
Armbruster Capital Management
New York
$9.45M -$690K -7,399 -8%
AWM
5
AllSquare Wealth Management
New York
$8.06M -$34.9K -374 -0.5%
Wealth Enhancement Advisory Services
6
Wealth Enhancement Advisory Services
Minnesota
$5.85M +$525K +5,626 +11%
UBS Group
7
UBS Group
Switzerland
$5.66M +$233K +2,497 +5%
Wells Fargo
8
Wells Fargo
California
$5.35M +$27K +289 +0.6%
WAP
9
Wealthcare Advisory Partners
Pennsylvania
$5.2M -$607K -6,500 -12%
Bank of America
10
Bank of America
North Carolina
$4.37M -$3.16M -33,849 -45%
TF
11
Theory Financial
Colorado
$4.28M +$54K +579 +1%
Osaic Holdings
12
Osaic Holdings
Arizona
$2.44M -$1.49M -15,932 -41%
MFG
13
Merit Financial Group
Georgia
$2.44M -$4.29K -46 -0.2%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$2.29M +$709K +7,596 +55%
NAM
15
NTV Asset Management
West Virginia
$2.18M -$313K -3,355 -14%
Stifel Financial
16
Stifel Financial
Missouri
$2.05M -$92.2K -988 -5%
CAPTRUST Financial Advisors
17
CAPTRUST Financial Advisors
North Carolina
$1.51M -$13.3K -142 -1%
TPWM
18
Twelve Points Wealth Management
Massachusetts
$1.34M +$117K +1,251 +11%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1.29M -$1.74M -18,697 -61%
S
20
SimplyRich
California
$932K +$810K +8,686 New
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$892K -$223K -2,385 -22%
SWP
22
Stratos Wealth Partners
Ohio
$861K +$59.3K +636 +9%
SFG
23
Summit Financial Group
West Virginia
$812K -$88.2K -945 -11%
FPAS
24
Focus Partners Advisor Solutions
Missouri
$811K +$706K +7,562 New
OPOWM
25
One Plus One Wealth Management
Florida
$793K +$22.1K +237 +3%

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.