Flagship Harbor Advisors LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 6,547 shares of the company’s stock, valued at approximately $751,000.
Several other hedge funds have also added to or reduced their stakes in the company. Apollon Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth $407,000. Signaturefd LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $80,000. BIP Wealth LLC acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $521,000. WP Advisors LLC acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $3,755,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $623,000.
Invesco S&P 500 Pure Value ETF Stock Performance
NYSEARCA:RPV opened at $121.26 on Friday. Invesco S&P 500 Pure Value ETF has a 52 week low of $96.95 and a 52 week high of $123.43. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 13.00 and a beta of 0.84. The firm’s 50-day simple moving average is $119.70 and its 200 day simple moving average is $114.21.
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.
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Want to see what other hedge funds are holding RPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report).
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