Principal Financial Group Inc. Purchases New Shares in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Principal Financial Group Inc. acquired a new position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,138,183 shares of the company’s stock, valued at approximately $101,207,000. Principal Financial Group Inc. owned approximately 4.69% of Invesco S&P 500 Pure Value ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Sanctuary Advisors LLC purchased a new stake in Invesco S&P 500 Pure Value ETF during the 2nd quarter valued at $698,000. Bank of New York Mellon Corp raised its stake in shares of Invesco S&P 500 Pure Value ETF by 6.1% in the second quarter. Bank of New York Mellon Corp now owns 1,275,260 shares of the company’s stock valued at $106,382,000 after acquiring an additional 73,717 shares during the period. SPC Financial Inc. lifted its holdings in shares of Invesco S&P 500 Pure Value ETF by 20.6% in the 3rd quarter. SPC Financial Inc. now owns 19,585 shares of the company’s stock worth $1,741,000 after acquiring an additional 3,345 shares during the last quarter. Strategic Advocates LLC boosted its stake in shares of Invesco S&P 500 Pure Value ETF by 4.7% during the 3rd quarter. Strategic Advocates LLC now owns 240,238 shares of the company’s stock worth $21,362,000 after purchasing an additional 10,752 shares during the period. Finally, Private Advisor Group LLC grew its holdings in Invesco S&P 500 Pure Value ETF by 27.0% during the 3rd quarter. Private Advisor Group LLC now owns 16,158 shares of the company’s stock valued at $1,437,000 after purchasing an additional 3,431 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Price Performance

Invesco S&P 500 Pure Value ETF stock opened at $90.20 on Friday. Invesco S&P 500 Pure Value ETF has a 1-year low of $78.31 and a 1-year high of $97.73. The company’s 50-day moving average is $92.52 and its 200 day moving average is $88.29. The firm has a market capitalization of $2.19 billion, a P/E ratio of 11.45 and a beta of 0.91.

About Invesco S&P 500 Pure Value ETF

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.