Financial Enhancement Group LLC purchased a new stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,117 shares of the company’s stock, valued at approximately $1,058,000.
Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF by 69.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company’s stock valued at $210,000 after purchasing an additional 749 shares during the period. Apella Capital LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at approximately $753,000. Ayalon Insurance Comp Ltd. bought a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter worth $837,000. Integrated Wealth Concepts LLC grew its position in Invesco S&P 500 Pure Value ETF by 3.9% in the second quarter. Integrated Wealth Concepts LLC now owns 39,542 shares of the company’s stock valued at $4,501,000 after purchasing an additional 1,492 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in Invesco S&P 500 Pure Value ETF by 19.9% during the 2nd quarter. NewEdge Advisors LLC now owns 52,878 shares of the company’s stock worth $6,019,000 after buying an additional 8,766 shares in the last quarter.
Invesco S&P 500 Pure Value ETF Stock Up 1.3%
Shares of NYSEARCA:RPV traded up $1.54 during midday trading on Thursday, reaching $117.58. The company had a trading volume of 125,283 shares, compared to its average volume of 174,201. Invesco S&P 500 Pure Value ETF has a 1-year low of $95.86 and a 1-year high of $123.43. The stock has a market cap of $1.69 billion, a PE ratio of 13.00 and a beta of 0.84. The business’s 50 day moving average price is $120.14 and its 200 day moving average price is $115.18.
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.
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