Royal Bank of Canada Acquires 9,443 Shares of Invesco S&P MidCap 400 Pure Value ETF $RFV

Royal Bank of Canada increased its holdings in Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) by 15.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,480 shares of the company’s stock after purchasing an additional 9,443 shares during the period. Royal Bank of Canada owned approximately 3.16% of Invesco S&P MidCap 400 Pure Value ETF worth $9,290,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Unified Investment Management raised its position in Invesco S&P MidCap 400 Pure Value ETF by 3.7% in the 4th quarter. Unified Investment Management now owns 3,688 shares of the company’s stock worth $471,000 after purchasing an additional 131 shares during the period. Axiom Financial Strategies LLC boosted its position in Invesco S&P MidCap 400 Pure Value ETF by 2.5% during the fourth quarter. Axiom Financial Strategies LLC now owns 5,858 shares of the company’s stock valued at $749,000 after buying an additional 142 shares during the period. Creative Planning grew its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 4.7% during the second quarter. Creative Planning now owns 3,764 shares of the company’s stock valued at $455,000 after buying an additional 168 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 6.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,946 shares of the company’s stock valued at $378,000 after buying an additional 172 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 5.1% in the fourth quarter. Arkadios Wealth Advisors now owns 3,907 shares of the company’s stock worth $499,000 after buying an additional 191 shares during the period.

Invesco S&P MidCap 400 Pure Value ETF Stock Performance

NYSEARCA RFV opened at $149.97 on Monday. Invesco S&P MidCap 400 Pure Value ETF has a 1-year low of $119.30 and a 1-year high of $152.68. The stock has a 50-day moving average of $145.56 and a 200-day moving average of $138.70. The firm has a market cap of $335.93 million, a PE ratio of 10.99 and a beta of 1.05.

About Invesco S&P MidCap 400 Pure Value ETF

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.