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

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPVGet Free Report)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $123.22 and last traded at $123.19, with a volume of 13211 shares. The stock had previously closed at $121.85.

Invesco S&P 500 Pure Value ETF Stock Performance

The company has a market capitalization of $1.72 billion, a P/E ratio of 13.00 and a beta of 0.82. The stock’s fifty day moving average price is $117.47 and its 200-day moving average price is $112.72.

Institutional Trading of Invesco S&P 500 Pure Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of RPV. Money Concepts Capital Corp boosted its holdings in shares of Invesco S&P 500 Pure Value ETF by 0.7% in the fourth quarter. Money Concepts Capital Corp now owns 14,239 shares of the company’s stock worth $1,472,000 after acquiring an additional 96 shares during the period. Comerica Bank raised its stake in shares of Invesco S&P 500 Pure Value ETF by 1.0% during the 4th quarter. Comerica Bank now owns 12,142 shares of the company’s stock valued at $1,255,000 after purchasing an additional 115 shares during the period. Assetmark Inc. raised its stake in shares of Invesco S&P 500 Pure Value ETF by 42.7% during the 4th quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Invesco S&P 500 Pure Value ETF by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 4,721 shares of the company’s stock worth $488,000 after purchasing an additional 126 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Invesco S&P 500 Pure Value ETF by 5.2% during the 4th quarter. Allworth Financial LP now owns 2,635 shares of the company’s stock worth $272,000 after purchasing an additional 131 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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