WP Advisors LLC Makes New Investment in Invesco S&P 500 Pure Value ETF $RPV

WP Advisors LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 32,729 shares of the company’s stock, valued at approximately $3,755,000. Invesco S&P 500 Pure Value ETF comprises 0.8% of WP Advisors LLC’s portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in RPV. Compass Financial Management LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the second quarter valued at $26,000. MBM Wealth Consultants LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter worth about $36,000. Ascentis Independent Advisors purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter worth about $48,000. Farther Finance Advisors LLC grew its holdings in Invesco S&P 500 Pure Value ETF by 69.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company’s stock valued at $210,000 after purchasing an additional 749 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in Invesco S&P 500 Pure Value ETF during the 1st quarter valued at about $214,000.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV opened at $121.87 on Friday. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 13.00 and a beta of 0.84. The stock’s 50 day moving average price is $119.86 and its 200-day moving average price is $116.16. Invesco S&P 500 Pure Value ETF has a one year low of $96.95 and a one year high of $123.43.

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. RPV was launched on Mar 1, 2006 and is managed by Invesco.