Advisory Services Network LLC Makes New $600,000 Investment in Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV)

Advisory Services Network LLC bought a new position in shares of Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 4,943 shares of the company’s stock, valued at approximately $600,000. Advisory Services Network LLC owned 0.18% of Invesco S&P MidCap 400 Pure Value ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RFV. Bank of Nova Scotia acquired a new position in shares of Invesco S&P MidCap 400 Pure Value ETF during the fourth quarter worth about $317,000. Wells Fargo & Company MN boosted its holdings in Invesco S&P MidCap 400 Pure Value ETF by 38.4% in the 4th quarter. Wells Fargo & Company MN now owns 13,178 shares of the company’s stock worth $1,598,000 after acquiring an additional 3,655 shares during the period. LPL Financial LLC grew its position in Invesco S&P MidCap 400 Pure Value ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 102,860 shares of the company’s stock valued at $12,476,000 after acquiring an additional 4,023 shares in the last quarter. Valued Retirements Inc. lifted its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 9.1% during the fourth quarter. Valued Retirements Inc. now owns 4,043 shares of the company’s stock worth $490,000 after purchasing an additional 336 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 23.2% in the fourth quarter. Harbour Investments Inc. now owns 6,511 shares of the company’s stock valued at $790,000 after purchasing an additional 1,225 shares during the period.

Invesco S&P MidCap 400 Pure Value ETF Stock Performance

Shares of NYSEARCA RFV opened at $104.09 on Wednesday. Invesco S&P MidCap 400 Pure Value ETF has a 1 year low of $96.78 and a 1 year high of $131.74. The stock’s 50-day simple moving average is $115.16 and its 200-day simple moving average is $120.59. The firm has a market cap of $221.71 million, a price-to-earnings ratio of 12.93 and a beta of 1.23.

About Invesco S&P MidCap 400 Pure Value ETF

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.