SPC Financial Inc. Has $1.36 Million Stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

SPC Financial Inc. lifted its position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 14.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 16,240 shares of the company’s stock after purchasing an additional 2,020 shares during the quarter. SPC Financial Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $1,355,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC grew its holdings in Invesco S&P 500 Pure Value ETF by 10,925.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 692,485 shares of the company’s stock worth $578,000 after acquiring an additional 686,204 shares during the period. Strategic Advocates LLC raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 1,546.3% during the first quarter. Strategic Advocates LLC now owns 207,612 shares of the company’s stock valued at $18,361,000 after purchasing an additional 195,001 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P 500 Pure Value ETF by 6.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,275,260 shares of the company’s stock worth $106,382,000 after purchasing an additional 73,717 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the 2nd quarter valued at about $5,841,000. Finally, IMC Chicago LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter valued at about $4,717,000.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV stock opened at $88.92 on Tuesday. The stock’s 50 day simple moving average is $86.77 and its 200 day simple moving average is $85.61. The company has a market cap of $2.16 billion, a P/E ratio of 11.45 and a beta of 0.91. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $67.69 and a fifty-two week high of $89.71.

Invesco S&P 500 Pure Value ETF 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.