Armbruster Capital Management Inc. boosted its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 370,013 shares of the company’s stock after acquiring an additional 15,549 shares during the quarter. Invesco S&P 500 Pure Value ETF comprises approximately 6.5% of Armbruster Capital Management Inc.’s portfolio, making the stock its 3rd biggest holding. Armbruster Capital Management Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $39,736,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of RPV. IFC & Insurance Marketing Inc. purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the 4th quarter worth $31,000. MBM Wealth Consultants LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter valued at about $36,000. Optiver Holding B.V. purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 3rd quarter valued at about $37,000. Assetmark Inc. lifted its stake in shares of Invesco S&P 500 Pure Value ETF by 42.7% in the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $44,000.
Invesco S&P 500 Pure Value ETF Trading Up 0.9%
RPV stock opened at $114.57 on Friday. The company has a market cap of $1.88 billion, a P/E ratio of 13.00 and a beta of 0.82. Invesco S&P 500 Pure Value ETF has a 52 week low of $90.30 and a 52 week high of $117.16. The company’s 50-day moving average price is $112.16 and its 200 day moving average price is $109.22.
Invesco S&P 500 Pure Value ETF Company 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. RPV was launched on Mar 1, 2006 and is managed by Invesco.
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