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

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $101.16 and last traded at $100.90, with a volume of 154739 shares changing hands. The stock had previously closed at $99.75.

Invesco S&P 500 Pure Value ETF Price Performance

The company has a 50-day moving average of $98.80 and a two-hundred day moving average of $94.88. The stock has a market capitalization of $1.38 billion, a PE ratio of 13.00 and a beta of 0.96.

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

A number of institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. purchased a new position in Invesco S&P 500 Pure Value ETF during the third quarter worth approximately $37,000. PNC Financial Services Group Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter worth about $56,000. IFP Advisors Inc raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 41.8% in the 1st quarter. IFP Advisors Inc now owns 668 shares of the company’s stock worth $62,000 after purchasing an additional 197 shares during the period. SYM FINANCIAL Corp acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the 2nd quarter valued at about $67,000. Finally, Jackson Hole Capital Partners LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $77,000.

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.