Axiom Financial Strategies LLC Purchases Shares of 5,716 Invesco S&P MidCap 400 Pure Value ETF $RFV

Axiom Financial Strategies LLC purchased a new stake in Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 5,716 shares of the company’s stock, valued at approximately $733,000. Invesco S&P MidCap 400 Pure Value ETF accounts for about 0.3% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 29th biggest holding. Axiom Financial Strategies LLC owned approximately 0.26% of Invesco S&P MidCap 400 Pure Value ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. CoreCap Advisors LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 15.7% during the 3rd quarter. CoreCap Advisors LLC now owns 1,311 shares of the company’s stock worth $168,000 after buying an additional 178 shares during the period. Stephens Inc. AR bought a new position in Invesco S&P MidCap 400 Pure Value ETF in the 3rd quarter worth $205,000. Prospera Financial Services Inc acquired a new position in Invesco S&P MidCap 400 Pure Value ETF during the 3rd quarter worth $216,000. Saxony Capital Management LLC acquired a new position in Invesco S&P MidCap 400 Pure Value ETF during the 3rd quarter worth $296,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco S&P MidCap 400 Pure Value ETF by 1,014.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,774 shares of the company’s stock valued at $335,000 after acquiring an additional 2,525 shares during the period.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

RFV stock opened at $126.11 on Friday. The stock has a market capitalization of $292.58 million, a price-to-earnings ratio of 10.99 and a beta of 1.16. The company has a 50-day moving average of $134.69 and a two-hundred day moving average of $130.65. Invesco S&P MidCap 400 Pure Value ETF has a 52-week low of $96.78 and a 52-week high of $142.77.

Invesco S&P MidCap 400 Pure Value ETF Company Profile

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.