Truist Financial Corp Sells 229,840 Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Truist Financial Corp cut its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 42.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 308,475 shares of the company’s stock after selling 229,840 shares during the period. Truist Financial Corp owned about 1.18% of Invesco S&P 500 Pure Value ETF worth $25,320,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. CWM LLC grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 0.6% in the fourth quarter. CWM LLC now owns 57,591 shares of the company’s stock valued at $4,727,000 after acquiring an additional 348 shares in the last quarter. WP Advisors LLC lifted its stake in Invesco S&P 500 Pure Value ETF by 2.4% in the fourth quarter. WP Advisors LLC now owns 109,245 shares of the company’s stock valued at $8,967,000 after purchasing an additional 2,539 shares during the last quarter. Cookson Peirce & Co. Inc. grew its holdings in Invesco S&P 500 Pure Value ETF by 3.3% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 10,895 shares of the company’s stock valued at $894,000 after purchasing an additional 347 shares during the period. Saxony Capital Management LLC bought a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at $1,857,000. Finally, Woodard & Co. Asset Management Group Inc. ADV bought a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at $78,000.

Invesco S&P 500 Pure Value ETF Trading Up 0.6 %

Shares of NYSEARCA RPV opened at $85.16 on Tuesday. The stock has a fifty day simple moving average of $84.80 and a two-hundred day simple moving average of $80.23. Invesco S&P 500 Pure Value ETF has a 1-year low of $67.69 and a 1-year high of $88.63. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 11.43 and a beta of 0.97.

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.