Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Trading 1% Higher – Should You Buy?

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFVGet Free Report) rose 1% on Thursday . The stock traded as high as $144.05 and last traded at $143.68. Approximately 2,371 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 6,694 shares. The stock had previously closed at $142.32.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

The firm has a market cap of $325.80 million, a price-to-earnings ratio of 10.99 and a beta of 1.05. The business has a 50-day moving average of $141.40 and a 200-day moving average of $136.15.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Golden State Wealth Management LLC increased its holdings in Invesco S&P MidCap 400 Pure Value ETF by 5,592.9% during the fourth quarter. Golden State Wealth Management LLC now owns 797 shares of the company’s stock worth $102,000 after buying an additional 783 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Invesco S&P MidCap 400 Pure Value ETF by 174.2% in the third quarter. NewEdge Advisors LLC now owns 817 shares of the company’s stock valued at $105,000 after acquiring an additional 519 shares during the last quarter. IFP Advisors Inc grew its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 71.0% in the 3rd quarter. IFP Advisors Inc now owns 1,072 shares of the company’s stock valued at $137,000 after acquiring an additional 445 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P MidCap 400 Pure Value ETF during the 4th quarter worth about $169,000. Finally, Geneos Wealth Management Inc. increased its stake in shares of Invesco S&P MidCap 400 Pure Value ETF by 1,841.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,806 shares of the company’s stock worth $231,000 after purchasing an additional 1,713 shares during the last quarter.

Invesco S&P MidCap 400 Pure Value ETF Company Profile

(Get Free Report)

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.

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