Royal Bank of Canada Sells 4,276 Shares of Invesco S&P 500 Pure Value ETF $RPV

Royal Bank of Canada cut its position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 10.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,139 shares of the company’s stock after selling 4,276 shares during the period. Royal Bank of Canada owned approximately 0.23% of Invesco S&P 500 Pure Value ETF worth $3,988,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its position in Invesco S&P 500 Pure Value ETF by 14.4% in the 4th quarter. Morgan Stanley now owns 1,595,954 shares of the company’s stock worth $164,958,000 after purchasing an additional 201,464 shares during the period. Assetmark Inc. boosted its position in shares of Invesco S&P 500 Pure Value ETF by 169,496.2% during the first quarter. Assetmark Inc. now owns 708,912 shares of the company’s stock valued at $76,130,000 after buying an additional 708,494 shares during the period. Armbruster Capital Management Inc. grew its stake in shares of Invesco S&P 500 Pure Value ETF by 4.4% during the first quarter. Armbruster Capital Management Inc. now owns 370,013 shares of the company’s stock valued at $39,736,000 after buying an additional 15,549 shares during the last quarter. ACR Alpine Capital Research LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter valued at approximately $36,485,000. Finally, New England Private Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Pure Value ETF by 2,001.6% during the fourth quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock valued at $35,868,000 after buying an additional 330,363 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of NYSEARCA RPV opened at $122.89 on Friday. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $94.86 and a fifty-two week high of $122.98. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 13.00 and a beta of 0.82. The business’s 50 day moving average price is $117.18 and its 200-day moving average price is $112.48.

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. RPV was launched on Mar 1, 2006 and is managed by Invesco.