Armbruster Capital Management Inc. Cuts Stake in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV)

Armbruster Capital Management Inc. lowered its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,553 shares of the company’s stock after selling 1,022 shares during the period. Invesco S&P SmallCap 600 Pure Value ETF accounts for about 1.6% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 18th largest position. Armbruster Capital Management Inc.’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $7,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in Invesco S&P SmallCap 600 Pure Value ETF by 2.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,186 shares of the company’s stock valued at $355,000 after acquiring an additional 89 shares in the last quarter. FMR LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 40.0% during the 3rd quarter. FMR LLC now owns 640 shares of the company’s stock valued at $70,000 after purchasing an additional 183 shares during the last quarter. Matrix Trust Co purchased a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the third quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P SmallCap 600 Pure Value ETF by 9.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,191 shares of the company’s stock worth $317,000 after purchasing an additional 271 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its position in shares of Invesco S&P SmallCap 600 Pure Value ETF by 97.1% in the third quarter. Valley National Advisers Inc. now owns 1,035 shares of the company’s stock worth $113,000 after buying an additional 510 shares in the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Price Performance

NYSEARCA RZV opened at $114.28 on Monday. Invesco S&P SmallCap 600 Pure Value ETF has a 1-year low of $95.06 and a 1-year high of $120.25. The business has a 50 day simple moving average of $114.04 and a two-hundred day simple moving average of $109.86. The stock has a market capitalization of $255.99 million, a PE ratio of 9.58 and a beta of 1.32.

Invesco S&P SmallCap 600 Pure Value ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.