Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Hits New 52-Week High – What’s Next?

Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) hit a new 52-week high on Wednesday. The company traded as high as $123.69 and last traded at $123.6440, with a volume of 246,409 shares changing hands. The stock had previously closed at $121.11.

Invesco S&P 500 Pure Value ETF Trading Down 0.7%

The company has a market cap of $1.75 billion, a P/E ratio of 13.00 and a beta of 0.83. The company has a 50 day moving average price of $119.66 and a 200-day moving average price of $114.57.

Institutional Trading of Invesco S&P 500 Pure Value ETF

Large investors have recently bought and sold shares of the business. Compass Financial Management LLC acquired a new stake in Invesco S&P 500 Pure Value ETF in the second quarter valued at $26,000. Ascentis Independent Advisors bought a new position in Invesco S&P 500 Pure Value ETF during the 1st quarter worth $48,000. Salomon & Ludwin LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $72,000. Signaturefd LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $80,000. Finally, SYM FINANCIAL Corp acquired a new position in Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $107,000.

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.