Fidelity D & D Bancorp Inc. Boosts Stake in Invesco S&P 500 Pure Value ETF $RPV

Fidelity D & D Bancorp Inc. increased its stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 95.7% during the fourth quarter, HoldingsChannel reports. The firm owned 179,531 shares of the company’s stock after acquiring an additional 87,811 shares during the period. Invesco S&P 500 Pure Value ETF comprises approximately 8.0% of Fidelity D & D Bancorp Inc.’s portfolio, making the stock its biggest holding. Fidelity D & D Bancorp Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $18,556,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of RPV. Royal Bank of Canada raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 19.7% in the 1st quarter. Royal Bank of Canada now owns 28,556 shares of the company’s stock worth $2,637,000 after purchasing an additional 4,694 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 163.7% in the 1st quarter. Jones Financial Companies Lllp now owns 10,103 shares of the company’s stock worth $933,000 after purchasing an additional 6,272 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 83.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,215 shares of the company’s stock worth $4,730,000 after purchasing an additional 23,346 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 15.9% in the 2nd quarter. Baird Financial Group Inc. now owns 3,853 shares of the company’s stock worth $361,000 after purchasing an additional 530 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 552.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,146 shares of the company’s stock worth $295,000 after purchasing an additional 2,664 shares during the period.

Invesco S&P 500 Pure Value ETF Stock Performance

NYSEARCA:RPV opened at $112.71 on Tuesday. The stock has a market capitalization of $1.85 billion, a PE ratio of 13.00 and a beta of 0.83. The firm’s 50 day moving average is $108.99 and its 200 day moving average is $107.01. Invesco S&P 500 Pure Value ETF has a 12 month low of $89.04 and a 12 month high of $113.93.

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.