Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) is Strategic Advocates LLC’s 4th Largest Position

Strategic Advocates LLC lifted its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 4.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 240,238 shares of the company’s stock after purchasing an additional 10,752 shares during the quarter. Invesco S&P 500 Pure Value ETF comprises about 7.6% of Strategic Advocates LLC’s holdings, making the stock its 4th biggest holding. Strategic Advocates LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $21,362,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in RPV. Avantax Advisory Services Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 2.5% in the first quarter. Avantax Advisory Services Inc. now owns 10,240 shares of the company’s stock valued at $906,000 after acquiring an additional 246 shares in the last quarter. SPC Financial Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 29.0% during the first quarter. SPC Financial Inc. now owns 14,220 shares of the company’s stock worth $1,258,000 after purchasing an additional 3,198 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Invesco S&P 500 Pure Value ETF during the second quarter worth approximately $698,000. Janney Montgomery Scott LLC raised its holdings in Invesco S&P 500 Pure Value ETF by 14.4% during the first quarter. Janney Montgomery Scott LLC now owns 4,280 shares of the company’s stock worth $379,000 after purchasing an additional 540 shares in the last quarter. Finally, MorganRosel Wealth Management LLC raised its holdings in Invesco S&P 500 Pure Value ETF by 8.6% during the first quarter. MorganRosel Wealth Management LLC now owns 4,516 shares of the company’s stock worth $399,000 after purchasing an additional 359 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of RPV traded down $0.48 during mid-day trading on Friday, reaching $90.31. 81,925 shares of the company’s stock were exchanged, compared to its average volume of 197,605. The stock has a market capitalization of $2.19 billion, a PE ratio of 11.45 and a beta of 0.91. The business’s fifty day simple moving average is $87.62 and its 200-day simple moving average is $85.89. Invesco S&P 500 Pure Value ETF has a 52-week low of $67.69 and a 52-week high of $91.28.

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.