RZV Stock Summary and Trading Ideas (Invesco S&P Smallcap 600 Pure Value ETF | ARCA:RZV)

The Invesco S&P SmallCap 600 Pure Value ETF (Fund) is based on the S&P SmallCap 600 Pure Value Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong value characteristics in the S&P SmallCap 600 Index. Value is measured by the following risk factors: book value-to-price ratio, earnings-to-price ratio and sales-to-price ratio. The Fund and the Index are rebalanced annually.

Invesco S&P Smallcap 600 Pure Value ETF trades on the ARCA stock market under the symbol RZV.

As of May 13, 2024, RZV stock price climbed to $104.63 with 3,846 million shares trading.

RZV has a market cap of $233.33 million. This is considered a Small Cap stock.

In the last 3 years, RZV stock traded as high as $109.82 and as low as $75.99.

RZV has underperformed the market in the last year with a return of +23.3%, while the SPY ETF gained +27.8%. In the last 3 month period, RZV fell short of the market, returning +3.0%, while SPY returned +4.3%. However, in the most recent 2 weeks RZV has outperformed the stock market by returning +4.0%, while SPY returned +2.5%.

RZV support price is $101.95 and resistance is $105.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RZV stock will trade within this expected range on the day.