Concord Wealth Partners Sells 5,197 Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Concord Wealth Partners trimmed its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 29.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,645 shares of the company’s stock after selling 5,197 shares during the period. Concord Wealth Partners owned 0.05% of Invesco S&P 500 Pure Value ETF worth $1,124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco S&P 500 Pure Value ETF by 2.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 45,335 shares of the company’s stock worth $4,009,000 after purchasing an additional 1,067 shares during the last quarter. Woodmont Investment Counsel LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter worth $62,000. Willis Johnson & Associates Inc. acquired a new position in Invesco S&P 500 Pure Value ETF in the 1st quarter valued at $238,000. BNP Paribas Financial Markets bought a new position in Invesco S&P 500 Pure Value ETF in the 1st quarter worth $4,334,000. Finally, Janney Montgomery Scott LLC lifted its position in Invesco S&P 500 Pure Value ETF by 14.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 4,280 shares of the company’s stock worth $379,000 after acquiring an additional 540 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of NYSEARCA:RPV traded up $1.16 during midday trading on Monday, hitting $89.65. The company’s stock had a trading volume of 24,963 shares, compared to its average volume of 195,080. The stock’s 50 day simple moving average is $88.24 and its 200 day simple moving average is $85.99. The stock has a market capitalization of $2.18 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $68.06 and a fifty-two week high of $91.28.

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.