Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $123.69 and last traded at $123.6440, with a volume of 246,409 shares traded. The stock had previously closed at $121.11.
Invesco S&P 500 Pure Value ETF Price Performance
The business has a fifty day moving average of $119.66 and a 200 day moving average of $114.42. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 13.00 and a beta of 0.83.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Ayalon Insurance Comp Ltd. purchased a new stake in Invesco S&P 500 Pure Value ETF in the third quarter valued at $837,000. NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 19.9% during the second quarter. NewEdge Advisors LLC now owns 52,878 shares of the company’s stock worth $6,019,000 after purchasing an additional 8,766 shares during the last quarter. Fidelity D & D Bancorp Inc. grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 9.0% during the first quarter. Fidelity D & D Bancorp Inc. now owns 195,694 shares of the company’s stock worth $21,016,000 after purchasing an additional 16,163 shares during the last quarter. Everest Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the first quarter worth about $801,000. Finally, Moulton Wealth Management Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth about $973,000.
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. RPV was launched on Mar 1, 2006 and is managed by Invesco.
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