Peak Financial Management Inc. Has $9.64 Million Holdings in Invesco S&P 500 Pure Value ETF $RPV

Peak Financial Management Inc. cut its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 1.0% in the second quarter, HoldingsChannel reports. The fund owned 102,807 shares of the company’s stock after selling 1,075 shares during the quarter. Invesco S&P 500 Pure Value ETF accounts for 2.7% of Peak Financial Management Inc.’s portfolio, making the stock its 14th biggest holding. Peak Financial Management Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $9,639,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RPV. NBC Securities Inc. purchased a new position in Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $39,000. Farther Finance Advisors LLC grew its position in Invesco S&P 500 Pure Value ETF by 675.5% during the first quarter. Farther Finance Advisors LLC now owns 411 shares of the company’s stock valued at $38,000 after purchasing an additional 358 shares in the last quarter. Paragon Capital Management Ltd grew its position in Invesco S&P 500 Pure Value ETF by 31.3% during the first quarter. Paragon Capital Management Ltd now owns 11,845 shares of the company’s stock valued at $1,094,000 after purchasing an additional 2,821 shares in the last quarter. Janney Montgomery Scott LLC grew its position in Invesco S&P 500 Pure Value ETF by 4.9% during the first quarter. Janney Montgomery Scott LLC now owns 4,595 shares of the company’s stock valued at $424,000 after purchasing an additional 215 shares in the last quarter. Finally, Advisor Resource Council purchased a new position in Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $346,000.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of RPV opened at $99.27 on Thursday. The company’s 50 day moving average price is $96.98 and its 200 day moving average price is $92.95. Invesco S&P 500 Pure Value ETF has a 52 week low of $80.40 and a 52 week high of $100.67. The company has a market capitalization of $1.35 billion, a PE ratio of 13.00 and a beta of 1.17.

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.