Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Hits New 12-Month High – Here’s Why

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $105.85 and last traded at $105.3090, with a volume of 239088 shares trading hands. The stock had previously closed at $105.36.

Invesco S&P 500 Pure Value ETF Stock Performance

The stock has a 50-day moving average of $100.08 and a 200 day moving average of $96.77. The firm has a market capitalization of $1.43 billion, a P/E ratio of 13.00 and a beta of 0.96.

Institutional Trading of Invesco S&P 500 Pure Value ETF

A number of institutional investors have recently bought and sold shares of the business. Optiver Holding B.V. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at about $37,000. PNC Financial Services Group Inc. bought a new position in Invesco S&P 500 Pure Value ETF during the 3rd quarter worth $56,000. IFP Advisors Inc raised its stake in Invesco S&P 500 Pure Value ETF by 31.8% in the 3rd quarter. IFP Advisors Inc now owns 621 shares of the company’s stock worth $62,000 after purchasing an additional 150 shares in the last quarter. SYM FINANCIAL Corp acquired a new stake in Invesco S&P 500 Pure Value ETF during the second quarter worth approximately $67,000. Finally, Jackson Hole Capital Partners LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at $77,000.

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.