Ethos Financial Group LLC bought a new stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 7,217 shares of the company’s stock, valued at approximately $651,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in Invesco S&P 500 Pure Value ETF by 7.4% in the third quarter. Stifel Financial Corp now owns 13,680 shares of the company’s stock valued at $1,216,000 after acquiring an additional 938 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in Invesco S&P 500 Pure Value ETF in the third quarter valued at about $3,190,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $10,634,000. Bank of New York Mellon Corp boosted its stake in Invesco S&P 500 Pure Value ETF by 2.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,366,491 shares of the company’s stock valued at $123,271,000 after acquiring an additional 37,042 shares during the last quarter. Finally, Savvy Advisors Inc. purchased a new position in Invesco S&P 500 Pure Value ETF in the third quarter valued at about $276,000.
Invesco S&P 500 Pure Value ETF Stock Up 1.1 %
NYSEARCA RPV opened at $90.94 on Thursday. The company’s 50 day moving average is $91.96 and its 200-day moving average is $90.97. Invesco S&P 500 Pure Value ETF has a 12-month low of $81.26 and a 12-month high of $97.73. The firm has a market cap of $1.35 billion, a P/E ratio of 13.30 and a beta of 1.18.
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.
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