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

by · The Cerbat Gem

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $89.73 and last traded at $89.67, with a volume of 79347 shares. The stock had previously closed at $89.33.

Invesco S&P 500 Pure Value ETF Stock Performance

The company has a 50 day moving average of $86.99 and a 200-day moving average of $85.79. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

Several large investors have recently bought and sold shares of the stock. Atria Wealth Solutions Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 1.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 10,098 shares of the company’s stock worth $842,000 after purchasing an additional 120 shares during the period. Concurrent Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 2.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,169 shares of the company’s stock valued at $1,015,000 after acquiring an additional 239 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 2.5% in the 1st 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 during the last quarter. Mather Group LLC. purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 2nd quarter valued at about $25,000. Finally, Comerica Bank increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 2.6% in the 1st quarter. Comerica Bank now owns 11,765 shares of the company’s stock valued at $1,040,000 after acquiring an additional 293 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Company Profile

(Get Free Report)

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.

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