Principal Financial Group Inc. Has $97.49 Million Stock Holdings in Invesco S&P 500 Pure Value ETF $RPV

Principal Financial Group Inc. decreased its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 17.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 943,183 shares of the company’s stock after selling 203,000 shares during the quarter. Principal Financial Group Inc. owned about 5.90% of Invesco S&P 500 Pure Value ETF worth $97,487,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in RPV. Truist Financial Corp boosted its position in shares of Invesco S&P 500 Pure Value ETF by 1.6% in the fourth quarter. Truist Financial Corp now owns 138,826 shares of the company’s stock valued at $14,349,000 after acquiring an additional 2,163 shares during the period. Montag A & Associates Inc. raised its stake in Invesco S&P 500 Pure Value ETF by 18.4% during the 4th quarter. Montag A & Associates Inc. now owns 34,787 shares of the company’s stock valued at $3,596,000 after purchasing an additional 5,396 shares during the last quarter. Comerica Bank boosted its holdings in Invesco S&P 500 Pure Value ETF by 1.0% in the 4th quarter. Comerica Bank now owns 12,142 shares of the company’s stock valued at $1,255,000 after purchasing an additional 115 shares during the period. Sanctuary Advisors LLC boosted its holdings in Invesco S&P 500 Pure Value ETF by 7.7% in the 4th quarter. Sanctuary Advisors LLC now owns 6,991 shares of the company’s stock valued at $723,000 after purchasing an additional 502 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Invesco S&P 500 Pure Value ETF in the 4th quarter worth $280,000.

Invesco S&P 500 Pure Value ETF Stock Performance

NYSEARCA:RPV opened at $111.08 on Thursday. The firm’s 50-day moving average is $108.69 and its 200-day moving average is $105.93. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 13.00 and a beta of 0.83. Invesco S&P 500 Pure Value ETF has a 52-week low of $88.50 and a 52-week high of $113.93.

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. RPV was launched on Mar 1, 2006 and is managed by Invesco.