AlphaCentric Advisors LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 109.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,447 shares of the company’s stock after purchasing an additional 13,325 shares during the period. Invesco S&P 500 Pure Value ETF accounts for 2.6% of AlphaCentric Advisors LLC’s portfolio, making the stock its 4th largest holding. AlphaCentric Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $2,920,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in RPV. Assetmark Inc. increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 169,496.2% during the first quarter. Assetmark Inc. now owns 708,912 shares of the company’s stock valued at $76,130,000 after acquiring an additional 708,494 shares in the last quarter. ACR Alpine Capital Research LLC purchased a new position in Invesco S&P 500 Pure Value ETF during the third quarter worth about $28,808,000. Peak Financial Management Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth about $12,294,000. Trinity Wealth Management LLC purchased a new stake in Invesco S&P 500 Pure Value ETF in the 3rd quarter worth approximately $8,957,000. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Pure Value ETF in the third quarter valued at about $8,333,000.
Invesco S&P 500 Pure Value ETF Stock Performance
Shares of RPV stock opened at $120.26 on Friday. The stock’s 50 day simple moving average is $119.63 and its 200 day simple moving average is $114.64. Invesco S&P 500 Pure Value ETF has a twelve month low of $96.95 and a twelve month high of $125.11. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 13.00 and a beta of 0.83.
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.
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