Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sets New 1-Year High – Here’s What Happened

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPVGet Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $121.61 and last traded at $121.31, with a volume of 296526 shares changing hands. The stock had previously closed at $120.97.

Invesco S&P 500 Pure Value ETF Price Performance

The firm has a market cap of $1.69 billion, a PE ratio of 13.00 and a beta of 0.82. The business’s fifty day moving average is $116.69 and its 200-day moving average is $112.21.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

Several large investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in Invesco S&P 500 Pure Value ETF by 19.7% in the 1st quarter. Royal Bank of Canada now owns 28,556 shares of the company’s stock worth $2,637,000 after buying an additional 4,694 shares during the period. Jones Financial Companies Lllp grew its stake in Invesco S&P 500 Pure Value ETF by 163.7% in the 1st quarter. Jones Financial Companies Lllp now owns 10,103 shares of the company’s stock valued at $933,000 after buying an additional 6,272 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 83.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,215 shares of the company’s stock valued at $4,730,000 after acquiring an additional 23,346 shares during the period. Baird Financial Group Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 15.9% during the 2nd quarter. Baird Financial Group Inc. now owns 3,853 shares of the company’s stock valued at $361,000 after acquiring an additional 530 shares during the period. Finally, Qube Research & Technologies Ltd lifted its position in shares of Invesco S&P 500 Pure Value ETF by 552.7% during the second quarter. Qube Research & Technologies Ltd now owns 3,146 shares of the company’s stock worth $295,000 after acquiring an additional 2,664 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Company Profile

(Get 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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