Concurrent Investment Advisors LLC Has $1.06 Million Stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Concurrent Investment Advisors LLC grew its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 21.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,930 shares of the company’s stock after buying an additional 2,107 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $1,055,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tidemark LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at approximately $38,000. ICA Group Wealth Management LLC acquired a new stake in Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $49,000. Principal Securities Inc. bought a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $57,000. Woodmont Investment Counsel LLC bought a new position in Invesco S&P 500 Pure Value ETF in the first quarter valued at about $62,000. Finally, Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter worth about $78,000.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of Invesco S&P 500 Pure Value ETF stock traded up $0.33 during midday trading on Monday, hitting $86.10. 148,285 shares of the company traded hands, compared to its average volume of 218,216. The stock has a market cap of $2.09 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The firm’s fifty day moving average price is $84.47 and its 200-day moving average price is $83.76. Invesco S&P 500 Pure Value ETF has a 12 month low of $67.69 and a 12 month high of $88.63.

Invesco S&P 500 Pure Value ETF 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.