Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) saw strong trading volume on Thursday. Approximately 466,774 shares traded hands during trading, an increase of 178% from the previous session’s volume of 168,185 shares. The stock last traded at $114.5010 and had previously closed at $114.73.

Invesco S&P 500 Pure Value ETF Stock Performance

The stock has a market cap of $1.64 billion, a PE ratio of 13.00 and a beta of 0.82. The firm has a fifty day moving average price of $120.48 and a 200 day moving average price of $114.86.

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

Several institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC grew its stake in shares of Invesco S&P 500 Pure Value ETF by 3.9% during the second quarter. Integrated Wealth Concepts LLC now owns 39,542 shares of the company’s stock worth $4,501,000 after acquiring an additional 1,492 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Invesco S&P 500 Pure Value ETF by 19.9% in the 2nd quarter. NewEdge Advisors LLC now owns 52,878 shares of the company’s stock valued at $6,019,000 after purchasing an additional 8,766 shares during the last quarter. IFP Advisors Inc boosted its stake in Invesco S&P 500 Pure Value ETF by 245.1% in the 2nd quarter. IFP Advisors Inc now owns 2,143 shares of the company’s stock worth $244,000 after purchasing an additional 1,522 shares in the last quarter. Paragon Capital Management Ltd grew its position in Invesco S&P 500 Pure Value ETF by 86.3% during the 2nd quarter. Paragon Capital Management Ltd now owns 5,937 shares of the company’s stock worth $676,000 after purchasing an additional 2,751 shares during the last quarter. Finally, Compass Financial Management LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the second quarter valued at $26,000.

Invesco S&P 500 Pure Value ETF Company Profile

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.