Invesco Ltd. Has $13.90 Million Stock Position in Invesco S&P 500 Pure Value ETF $RPV

Invesco Ltd. decreased its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 97.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,527 shares of the company’s stock after selling 5,334,956 shares during the period. Invesco Ltd. owned 1.04% of Invesco S&P 500 Pure Value ETF worth $13,901,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Essex Financial Services Inc. lifted its position in Invesco S&P 500 Pure Value ETF by 3.0% during the 1st quarter. Essex Financial Services Inc. now owns 5,956 shares of the company’s stock worth $550,000 after buying an additional 174 shares in the last quarter. IFP Advisors Inc increased its position in Invesco S&P 500 Pure Value ETF by 41.8% in the first quarter. IFP Advisors Inc now owns 668 shares of the company’s stock worth $62,000 after purchasing an additional 197 shares during the period. Janney Montgomery Scott LLC increased its position in Invesco S&P 500 Pure Value ETF by 4.9% in the first quarter. Janney Montgomery Scott LLC now owns 4,595 shares of the company’s stock worth $424,000 after purchasing an additional 215 shares during the period. Coppell Advisory Solutions LLC increased its position in Invesco S&P 500 Pure Value ETF by 411.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 389 shares of the company’s stock worth $35,000 after purchasing an additional 313 shares during the period. Finally, Silver Oak Securities Incorporated increased its position in Invesco S&P 500 Pure Value ETF by 1.7% in the first quarter. Silver Oak Securities Incorporated now owns 19,363 shares of the company’s stock worth $1,769,000 after purchasing an additional 323 shares during the period.

Invesco S&P 500 Pure Value ETF Stock Up 2.1%

Shares of RPV stock opened at $98.15 on Friday. The stock has a 50-day moving average price of $93.73 and a 200 day moving average price of $91.41. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 13.00 and a beta of 1.17. Invesco S&P 500 Pure Value ETF has a 12 month low of $80.40 and a 12 month high of $98.30.

Invesco S&P 500 Pure Value ETF 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.