BNB Wealth Management LLC Makes New $1.40 Million Investment in Invesco S&P MidCap 400 Pure Value ETF $RFV

BNB Wealth Management LLC purchased a new position in shares of Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,963 shares of the company’s stock, valued at approximately $1,401,000. BNB Wealth Management LLC owned 0.47% of Invesco S&P MidCap 400 Pure Value ETF as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 10.4% in the first quarter. Royal Bank of Canada now owns 49,175 shares of the company’s stock valued at $5,612,000 after purchasing an additional 4,630 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 393.7% in the first quarter. Jones Financial Companies Lllp now owns 8,679 shares of the company’s stock valued at $990,000 after purchasing an additional 6,921 shares during the period. Creative Planning increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 4.7% in the second quarter. Creative Planning now owns 3,764 shares of the company’s stock valued at $455,000 after purchasing an additional 168 shares during the period. Advisory Services Network LLC increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 35.3% in the second quarter. Advisory Services Network LLC now owns 6,683 shares of the company’s stock valued at $821,000 after purchasing an additional 1,744 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 6.0% in the third quarter. Envestnet Asset Management Inc. now owns 11,985 shares of the company’s stock valued at $1,537,000 after purchasing an additional 675 shares during the period.

Invesco S&P MidCap 400 Pure Value ETF Trading Down 2.0%

NYSEARCA:RFV opened at $142.24 on Thursday. The firm has a market cap of $321.46 million, a P/E ratio of 10.99 and a beta of 1.05. The stock’s 50 day simple moving average is $139.13 and its 200-day simple moving average is $134.71. Invesco S&P MidCap 400 Pure Value ETF has a 12-month low of $118.14 and a 12-month high of $147.71.

Invesco S&P MidCap 400 Pure Value ETF Profile

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.