Almanack Investment Partners LLC. decreased its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 3.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,217 shares of the company’s stock after selling 278 shares during the period. Almanack Investment Partners LLC.’s holdings in Invesco S&P 500 Pure Value ETF were worth $651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RPV. Principal Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter worth about $101,207,000. Strategic Financial Concepts LLC increased its holdings in Invesco S&P 500 Pure Value ETF by 11,145.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 935,618 shares of the company’s stock worth $931,000 after buying an additional 927,298 shares during the period. Strategic Advocates LLC raised its position in Invesco S&P 500 Pure Value ETF by 5.3% during the 4th quarter. Strategic Advocates LLC now owns 252,922 shares of the company’s stock worth $22,816,000 after buying an additional 12,684 shares during the last quarter. Peak Financial Management Inc. lifted its stake in Invesco S&P 500 Pure Value ETF by 0.3% during the 4th quarter. Peak Financial Management Inc. now owns 101,041 shares of the company’s stock valued at $9,115,000 after acquiring an additional 290 shares during the period. Finally, United Asset Strategies Inc. boosted its holdings in shares of Invesco S&P 500 Pure Value ETF by 1.9% in the 4th quarter. United Asset Strategies Inc. now owns 58,785 shares of the company’s stock valued at $5,303,000 after acquiring an additional 1,119 shares during the last quarter.
Invesco S&P 500 Pure Value ETF Price Performance
NYSEARCA:RPV opened at $91.01 on Friday. The firm has a market capitalization of $2.21 billion, a P/E ratio of 11.45 and a beta of 0.91. The company’s fifty day moving average price is $92.25 and its 200-day moving average price is $90.05. Invesco S&P 500 Pure Value ETF has a 1-year low of $80.19 and a 1-year high of $97.73.
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.
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