Invesco S&P 500 Pure Value ETF $RPV Stake Lessened by Valmark Advisers Inc.

Valmark Advisers Inc. lessened its stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 3.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,073 shares of the company’s stock after selling 146 shares during the period. Valmark Advisers Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $382,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its stake in shares of Invesco S&P 500 Pure Value ETF by 675.5% in the first quarter. Farther Finance Advisors LLC now owns 411 shares of the company’s stock worth $38,000 after buying an additional 358 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Invesco S&P 500 Pure Value ETF in the first quarter worth $39,000. Arlington Trust Co LLC bought a new stake in Invesco S&P 500 Pure Value ETF during the first quarter valued at $49,000. IFP Advisors Inc increased its stake in Invesco S&P 500 Pure Value ETF by 41.8% during the first quarter. IFP Advisors Inc now owns 668 shares of the company’s stock valued at $62,000 after purchasing an additional 197 shares during the last quarter. Finally, Valued Retirements Inc. bought a new stake in Invesco S&P 500 Pure Value ETF during the first quarter valued at $228,000.

Invesco S&P 500 Pure Value ETF Price Performance

RPV stock opened at $95.88 on Friday. Invesco S&P 500 Pure Value ETF has a 1-year low of $80.40 and a 1-year high of $100.67. The firm has a fifty day moving average price of $97.20 and a two-hundred day moving average price of $93.02. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 13.00 and a beta of 1.17.

Invesco S&P 500 Pure Value ETF 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.