Truist Financial Corp Trims Stock Position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Truist Financial Corp lowered its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 227,251 shares of the company’s stock after selling 7,063 shares during the quarter. Truist Financial Corp owned approximately 0.94% of Invesco S&P 500 Pure Value ETF worth $20,500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Principal Financial Group Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 0.7% in the 4th quarter. Principal Financial Group Inc. now owns 1,146,183 shares of the company’s stock worth $103,397,000 after acquiring an additional 8,000 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 11,145.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 935,618 shares of the company’s stock worth $931,000 after purchasing an additional 927,298 shares during the period. Strategic Advocates LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 5.3% in the 4th quarter. Strategic Advocates LLC now owns 252,922 shares of the company’s stock worth $22,816,000 after purchasing an additional 12,684 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $10,634,000. Finally, Peak Financial Management Inc. boosted its stake in Invesco S&P 500 Pure Value ETF by 0.3% in the 4th quarter. Peak Financial Management Inc. now owns 101,041 shares of the company’s stock worth $9,115,000 after purchasing an additional 290 shares during the period.

Invesco S&P 500 Pure Value ETF Price Performance

RPV stock opened at $93.30 on Thursday. Invesco S&P 500 Pure Value ETF has a 1-year low of $81.26 and a 1-year high of $97.73. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The business has a 50 day simple moving average of $91.69 and a two-hundred day simple moving average of $90.37.

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.