Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $119.75 and last traded at $119.63, with a volume of 7660 shares trading hands. The stock had previously closed at $118.52.
Invesco S&P 500 Pure Value ETF Price Performance
The stock has a market capitalization of $1.60 billion, a PE ratio of 13.00 and a beta of 0.82. The company’s 50 day moving average price is $114.70 and its two-hundred day moving average price is $111.01.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Partners LLC acquired a new stake in Invesco S&P 500 Pure Value ETF in the 1st quarter valued at approximately $1,681,000. Cushing Capital Partners LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter worth $1,034,000. Synergy Asset Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter worth $2,363,000. Strategic Advocates LLC boosted its position in shares of Invesco S&P 500 Pure Value ETF by 4.4% during the fourth quarter. Strategic Advocates LLC now owns 288,160 shares of the company’s stock worth $29,963,000 after buying an additional 12,037 shares during the period. Finally, Fidelity D & D Bancorp Inc. boosted its position in shares of Invesco S&P 500 Pure Value ETF by 95.7% during the fourth quarter. Fidelity D & D Bancorp Inc. now owns 179,531 shares of the company’s stock worth $18,556,000 after buying an additional 87,811 shares during the period.
Invesco S&P 500 Pure Value ETF Company Profile
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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