Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Shares Bought by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC lifted its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 844.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,025,958 shares of the company’s stock after buying an additional 917,284 shares during the period. Invesco S&P 500 Pure Value ETF makes up about 2.8% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 15th biggest holding. ACR Alpine Capital Research LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $84,211,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Services Advisors Inc. grew its holdings in Invesco S&P 500 Pure Value ETF by 9.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 253,640 shares of the company’s stock worth $18,663,000 after buying an additional 20,988 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at $58,181,000. Capasso Planning Partners LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF by 8.0% during the 3rd quarter. Capasso Planning Partners LLC now owns 3,802 shares of the company’s stock worth $280,000 after purchasing an additional 283 shares in the last quarter. Poplar Forest Capital LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF by 6.0% during the 3rd quarter. Poplar Forest Capital LLC now owns 4,560 shares of the company’s stock worth $336,000 after purchasing an additional 260 shares in the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF by 21.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,889 shares of the company’s stock valued at $580,000 after acquiring an additional 1,370 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of RPV stock traded down $0.03 during trading on Tuesday, reaching $85.07. The company had a trading volume of 41,014 shares, compared to its average volume of 261,609. The company has a market capitalization of $2.06 billion, a PE ratio of 11.45 and a beta of 0.91. The firm’s 50 day simple moving average is $84.95 and its two-hundred day simple moving average is $80.67. Invesco S&P 500 Pure Value ETF has a one year low of $67.69 and a one year high of $88.63.

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.