ACR Alpine Capital Research LLC Has $3.60 Million Stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

ACR Alpine Capital Research LLC reduced its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 96.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,755 shares of the company’s stock after selling 985,203 shares during the period. Invesco S&P 500 Pure Value ETF accounts for about 0.1% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 21st largest holding. ACR Alpine Capital Research LLC owned about 0.17% of Invesco S&P 500 Pure Value ETF worth $3,604,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RPV. Qube Research & Technologies Ltd acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at approximately $2,141,000. Integrated Wealth Concepts LLC lifted its stake in Invesco S&P 500 Pure Value ETF by 23.2% in the third quarter. Integrated Wealth Concepts LLC now owns 27,788 shares of the company’s stock valued at $2,045,000 after acquiring an additional 5,228 shares during the last quarter. Rooted Wealth Advisors Inc. grew its position in shares of Invesco S&P 500 Pure Value ETF by 6.4% in the 3rd quarter. Rooted Wealth Advisors Inc. now owns 7,761 shares of the company’s stock valued at $579,000 after acquiring an additional 466 shares during the period. Fidelity D & D Bancorp Inc. acquired a new position in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $3,321,000. Finally, WealthPLAN Partners LLC raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 3.4% in the 4th quarter. WealthPLAN Partners LLC now owns 6,434 shares of the company’s stock valued at $528,000 after purchasing an additional 210 shares during the period.

Invesco S&P 500 Pure Value ETF Price Performance

Invesco S&P 500 Pure Value ETF stock traded up $1.03 during mid-day trading on Thursday, hitting $85.08. 87,271 shares of the company’s stock traded hands, compared to its average volume of 219,816. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $67.69 and a fifty-two week high of $88.63. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The firm has a 50 day simple moving average of $84.42 and a two-hundred day simple moving average of $83.71.

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.