Poplar Forest Capital LLC Decreases Holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Poplar Forest Capital LLC decreased its position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 26.4% in the fourth quarter, HoldingsChannel reports. The fund owned 2,400 shares of the company’s stock after selling 860 shares during the quarter. Poplar Forest Capital LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Lansing Street Advisors lifted its position in Invesco S&P 500 Pure Value ETF by 0.5% during the third quarter. Lansing Street Advisors now owns 21,878 shares of the company’s stock valued at $1,945,000 after acquiring an additional 114 shares during the last quarter. Essex Financial Services Inc. lifted its position in Invesco S&P 500 Pure Value ETF by 3.3% during the fourth quarter. Essex Financial Services Inc. now owns 5,782 shares of the company’s stock valued at $522,000 after acquiring an additional 186 shares during the last quarter. Peak Financial Management Inc. lifted its position in Invesco S&P 500 Pure Value ETF by 0.3% during the fourth 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 last quarter. SOL Capital Management CO lifted its position in Invesco S&P 500 Pure Value ETF by 0.8% during the fourth quarter. SOL Capital Management CO now owns 38,939 shares of the company’s stock valued at $3,513,000 after acquiring an additional 290 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in Invesco S&P 500 Pure Value ETF by 10.6% during the fourth quarter. Valmark Advisers Inc. now owns 4,297 shares of the company’s stock valued at $388,000 after acquiring an additional 411 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Up 1.1 %

NYSEARCA:RPV opened at $93.13 on Friday. Invesco S&P 500 Pure Value ETF has a 52 week low of $81.26 and a 52 week high of $97.73. The firm has a 50 day moving average of $91.92 and a 200 day moving average of $90.80. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 13.30 and a beta of 1.18.

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.