Invesco S&P SmallCap 600 Pure Value ETF (RZV)
Invesco S&P SmallCap 600 Pure Value ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $141.33, up 0.39% on the session, giving a market capitalisation of $266.4M. Its beta of 1.10 implies it has historically moved more than the broad market.
The Invesco S&P SmallCap 600 Pure Value ETF is designed to mirror the performance of the S&P SmallCap 600 Pure Value Index. This fund allocates a minimum of 90% of its total assets to the securities comprising its benchmark index. The index itself tracks the financial performance of small-capitalization companies, drawn from the broader S&P SmallCap 600 Index, that exhibit pronounced value characteristics. These value traits are identified through key financial ratios, specifically book value-to-price, earnings-to-price, and sales-to-price. Both the fund's portfolio and the underlying index undergo adjustments annually.
Invesco S&P SmallCap 600 Pure Value ETF is most often compared with the following Financial Services names: