AlphaCentric Advisors LLC Has $2.56 Million Position in Invesco S&P 500 Pure Value ETF $RPV

AlphaCentric Advisors LLC lifted its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 38.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,882 shares of the company’s stock after acquiring an additional 6,673 shares during the quarter. Invesco S&P 500 Pure Value ETF comprises approximately 2.6% of AlphaCentric Advisors LLC’s holdings, making the stock its 2nd largest position. AlphaCentric Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $2,565,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the first quarter worth $1,681,000. Cushing Capital Partners LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter valued at $1,034,000. Synergy Asset Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $2,363,000. Strategic Advocates LLC grew its position in Invesco S&P 500 Pure Value ETF by 4.4% during the 4th quarter. Strategic Advocates LLC now owns 288,160 shares of the company’s stock worth $29,963,000 after acquiring an additional 12,037 shares during the last quarter. Finally, Fidelity D & D Bancorp Inc. increased its stake in shares of Invesco S&P 500 Pure Value ETF by 95.7% in the fourth quarter. Fidelity D & D Bancorp Inc. now owns 179,531 shares of the company’s stock valued at $18,556,000 after buying an additional 87,811 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV opened at $118.24 on Monday. The stock has a market capitalization of $1.60 billion, a PE ratio of 13.00 and a beta of 0.82. The firm has a 50-day moving average price of $114.14 and a two-hundred day moving average price of $110.61. Invesco S&P 500 Pure Value ETF has a 1-year low of $90.30 and a 1-year high of $119.74.

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.