PAX Financial Group LLC Invests $1.26 Million in Invesco S&P 500 Pure Value ETF $RPV

PAX Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPVFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,715 shares of the company’s stock, valued at approximately $1,258,000. PAX Financial Group LLC owned about 0.07% of Invesco S&P 500 Pure Value ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. ACR Alpine Capital Research LLC purchased a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth $36,485,000. New England Private Wealth Advisors LLC grew its stake in Invesco S&P 500 Pure Value ETF by 2,001.6% during the 4th quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock valued at $35,868,000 after purchasing an additional 330,363 shares during the last quarter. Orion Porfolio Solutions LLC increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 1,884.3% in the second quarter. Orion Porfolio Solutions LLC now owns 230,019 shares of the company’s stock valued at $21,567,000 after purchasing an additional 218,427 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 861.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 234,437 shares of the company’s stock valued at $24,231,000 after purchasing an additional 210,053 shares during the period. Finally, Morgan Stanley increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 14.4% in the fourth quarter. Morgan Stanley now owns 1,595,954 shares of the company’s stock valued at $164,958,000 after purchasing an additional 201,464 shares during the period.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of NYSEARCA:RPV opened at $115.76 on Friday. Invesco S&P 500 Pure Value ETF has a 52-week low of $90.30 and a 52-week high of $117.16. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 13.00 and a beta of 0.82. The business has a 50-day moving average price of $112.83 and a 200-day moving average price of $109.65.

About Invesco S&P 500 Pure Value ETF

(Free Report)

The Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that is based on the S&P 500\u002FCitigroup Pure Value index. The fund tracks an index of primarily large-cap, committee-selected US stocks. The index covers about 33% of the S&P 500’s market cap, using three factors to select value stocks. RPV was launched on Mar 1, 2006 and is managed by Invesco.

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Institutional Ownership by Quarter for Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

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