Flaharty Asset Management LLC Trims Stake in Invesco S&P 500 Pure Value ETF $RPV

Flaharty Asset Management LLC cut its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 91.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,389 shares of the company’s stock after selling 56,357 shares during the quarter. Flaharty Asset Management LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $623,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter valued at $1,681,000. Strategic Advocates LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 4.4% during the 4th quarter. Strategic Advocates LLC now owns 288,160 shares of the company’s stock worth $29,963,000 after purchasing an additional 12,037 shares during the period. Fidelity D & D Bancorp Inc. boosted its stake in Invesco S&P 500 Pure Value ETF by 95.7% during the 4th quarter. Fidelity D & D Bancorp Inc. now owns 179,531 shares of the company’s stock worth $18,556,000 after purchasing an additional 87,811 shares during the period. New England Private Wealth Advisors LLC grew its position in Invesco S&P 500 Pure Value ETF by 2,001.6% during the 4th quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock worth $35,868,000 after purchasing an additional 330,363 shares during the last quarter. Finally, Integrity Alliance LLC. purchased a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter worth $3,125,000.

Invesco S&P 500 Pure Value ETF Stock Performance

NYSEARCA RPV opened at $120.20 on Friday. The firm’s fifty day moving average is $116.40 and its two-hundred day moving average is $111.98. Invesco S&P 500 Pure Value ETF has a one year low of $91.90 and a one year high of $121.35. The firm has a market cap of $1.68 billion, a PE ratio of 13.00 and a beta of 0.82.

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.