Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sets New 12-Month Low – Here’s Why

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $80.66 and last traded at $80.88, with a volume of 23563 shares changing hands. The stock had previously closed at $84.04.

Invesco S&P 500 Pure Value ETF Stock Up 6.7 %

The firm has a fifty day moving average of $91.19 and a 200-day moving average of $91.42. The firm has a market cap of $1.26 billion, a P/E ratio of 14.29 and a beta of 0.98.

Invesco S&P 500 Pure Value ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.672 per share. The ex-dividend date was Monday, March 24th.

Institutional Trading of Invesco S&P 500 Pure Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Essex Financial Services Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 3.3% in the fourth quarter. Essex Financial Services Inc. now owns 5,782 shares of the company’s stock valued at $522,000 after purchasing an additional 186 shares during the last quarter. SOL Capital Management CO grew its position in shares of Invesco S&P 500 Pure Value ETF by 0.8% during the 4th quarter. SOL Capital Management CO now owns 38,939 shares of the company’s stock worth $3,513,000 after buying an additional 290 shares during the period. Peak Financial Management Inc. increased its stake in shares of Invesco S&P 500 Pure Value ETF by 0.3% in the 4th quarter. Peak Financial Management Inc. now owns 101,041 shares of the company’s stock valued at $9,115,000 after acquiring an additional 290 shares during the last quarter. Coppell Advisory Solutions LLC raised its position in shares of Invesco S&P 500 Pure Value ETF by 411.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 389 shares of the company’s stock valued at $35,000 after acquiring an additional 313 shares during the period. Finally, Valmark Advisers Inc. boosted its stake in Invesco S&P 500 Pure Value ETF by 10.6% during the 4th quarter. Valmark Advisers Inc. now owns 4,297 shares of the company’s stock worth $388,000 after acquiring an additional 411 shares during the last quarter.

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.