Concord Wealth Partners lowered its stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 31.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,638 shares of the company’s stock after selling 4,007 shares during the period. Concord Wealth Partners’ holdings in Invesco S&P 500 Pure Value ETF were worth $779,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Matrix Trust Co bought a new position in Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at approximately $44,000. New Millennium Group LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter valued at $54,000. Birch Capital Management LLC acquired a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $90,000. Centaurus Financial Inc. bought a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter worth $194,000. Finally, Jim Saulnier & Associates LLC acquired a new stake in Invesco S&P 500 Pure Value ETF in the third quarter valued at $273,000.
Invesco S&P 500 Pure Value ETF Stock Down 1.2 %
Shares of NYSEARCA:RPV opened at $92.99 on Friday. The firm has a market cap of $2.26 billion, a P/E ratio of 11.45 and a beta of 0.91. Invesco S&P 500 Pure Value ETF has a 12-month low of $80.19 and a 12-month high of $97.73. The business has a fifty day simple moving average of $92.67 and a 200 day simple moving average of $89.88.
Invesco S&P 500 Pure Value ETF Company 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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Want to see what other hedge funds are holding RPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report).
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