Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sets New 52-Week High – Here’s What Happened

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPVGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $118.21 and last traded at $118.08, with a volume of 20185 shares changing hands. The stock had previously closed at $116.57.

Invesco S&P 500 Pure Value ETF Stock Up 0.9%

The firm has a market capitalization of $1.56 billion, a PE ratio of 13.00 and a beta of 0.82. The firm’s 50 day moving average price is $113.45 and its two-hundred day moving average price is $110.12.

Hedge Funds Weigh In On Invesco S&P 500 Pure Value ETF

A number of institutional investors have recently added to or reduced their stakes in RPV. Midwest Financial Network LLC grew its stake in shares of Invesco S&P 500 Pure Value ETF by 33.5% during the second quarter. Midwest Financial Network LLC now owns 4,775 shares of the company’s stock valued at $544,000 after acquiring an additional 1,198 shares in the last quarter. Hardin Capital Partners LLC grew its stake in Invesco S&P 500 Pure Value ETF by 4.9% during the 2nd quarter. Hardin Capital Partners LLC now owns 13,337 shares of the company’s stock valued at $1,523,000 after purchasing an additional 623 shares in the last quarter. Moulton Wealth Management Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 61.6% during the 2nd quarter. Moulton Wealth Management Inc. now owns 5,892 shares of the company’s stock worth $678,000 after purchasing an additional 2,247 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Invesco S&P 500 Pure Value ETF by 133,572.7% during the 1st quarter. NewEdge Advisors LLC now owns 44,112 shares of the company’s stock worth $4,737,000 after purchasing an additional 44,079 shares during the last quarter. Finally, Verus Capital Partners LLC increased its holdings in Invesco S&P 500 Pure Value ETF by 56.5% during the 1st quarter. Verus Capital Partners LLC now owns 8,537 shares of the company’s stock worth $917,000 after purchasing an additional 3,081 shares during 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.

Further Reading

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