NewEdge Advisors LLC raised its stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 133,572.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 44,112 shares of the company’s stock after buying an additional 44,079 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $4,737,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Assetmark Inc. grew its position in shares of Invesco S&P 500 Pure Value ETF by 169,496.2% during the 1st quarter. Assetmark Inc. now owns 708,912 shares of the company’s stock worth $76,130,000 after buying an additional 708,494 shares during the period. ACR Alpine Capital Research LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the 4th quarter valued at approximately $36,485,000. New England Private Wealth Advisors LLC boosted 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 worth $35,868,000 after acquiring an additional 330,363 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 1,884.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 230,019 shares of the company’s stock worth $21,567,000 after acquiring an additional 218,427 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Pure Value ETF by 861.4% during 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.
Invesco S&P 500 Pure Value ETF Stock Performance
Shares of NYSEARCA:RPV opened at $121.31 on Wednesday. Invesco S&P 500 Pure Value ETF has a 52 week low of $92.08 and a 52 week high of $121.61. The company has a market capitalization of $1.69 billion, a PE ratio of 13.00 and a beta of 0.82. The company has a 50 day moving average price of $116.69 and a two-hundred day moving average price of $112.21.
Invesco S&P 500 Pure Value ETF 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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