Principal Financial Group Inc. Sells 203,000 Shares of Invesco S&P 500 Pure Value ETF $RPV

Principal Financial Group Inc. reduced its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 17.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 943,183 shares of the company’s stock after selling 203,000 shares during the quarter. Principal Financial Group Inc. owned about 0.06% of Invesco S&P 500 Pure Value ETF worth $97,487,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RPV. Optiver Holding B.V. acquired a new position in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at $37,000. Assetmark Inc. increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 42.7% in the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $43,000 after acquiring an additional 125 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth about $56,000. IFP Advisors Inc lifted its holdings in shares of Invesco S&P 500 Pure Value ETF by 31.8% during the 3rd quarter. IFP Advisors Inc now owns 621 shares of the company’s stock valued at $62,000 after purchasing an additional 150 shares in the last quarter. Finally, Jackson Hole Capital Partners LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at about $77,000.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of RPV opened at $111.08 on Thursday. The firm has a market cap of $1.83 billion, a P/E ratio of 13.00 and a beta of 0.83. Invesco S&P 500 Pure Value ETF has a twelve month low of $88.50 and a twelve month high of $113.93. The firm’s 50 day moving average price is $108.69 and its two-hundred day moving average price is $105.93.

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