Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Large Volume Increase – What’s Next?

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) saw unusually-strong trading volume on Friday . Approximately 196,974 shares changed hands during trading, an increase of 2% from the previous session’s volume of 193,544 shares.The stock last traded at $108.07 and had previously closed at $109.92.

Invesco S&P 500 Pure Value ETF Stock Down 1.0%

The stock’s 50-day moving average price is $108.87 and its 200 day moving average price is $102.90. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 13.00 and a beta of 0.96.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. IFC & Insurance Marketing Inc. purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter valued at approximately $31,000. Optiver Holding B.V. purchased a new position in Invesco S&P 500 Pure Value ETF during the third quarter worth approximately $37,000. Assetmark Inc. boosted its stake in Invesco S&P 500 Pure Value ETF by 42.7% during the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $43,000 after buying an additional 125 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco S&P 500 Pure Value ETF in the 4th quarter valued at $44,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at $56,000.

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