NewEdge Advisors LLC Grows Position in Invesco S&P 500 Pure Value ETF $RPV

NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 47,327.3% in the first quarter, HoldingsChannel.com reports. The fund owned 15,651 shares of the company’s stock after purchasing an additional 15,618 shares during the period. NewEdge Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $1,681,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of RPV. Legacy Wealth Partners LLC purchased a new stake in Invesco S&P 500 Pure Value ETF in the first quarter valued at approximately $1,681,000. Strategic Advocates LLC grew its stake in Invesco S&P 500 Pure Value ETF by 4.4% in the 4th quarter. Strategic Advocates LLC now owns 288,160 shares of the company’s stock worth $29,963,000 after buying an additional 12,037 shares in the last quarter. Fidelity D & D Bancorp Inc. grew its stake in Invesco S&P 500 Pure Value ETF by 95.7% in the 4th quarter. Fidelity D & D Bancorp Inc. now owns 179,531 shares of the company’s stock worth $18,556,000 after buying an additional 87,811 shares in the last quarter. New England Private Wealth Advisors LLC grew its stake in Invesco S&P 500 Pure Value ETF by 2,001.6% in the 4th quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock worth $35,868,000 after buying an additional 330,363 shares in the last quarter. Finally, Integrity Alliance LLC. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the 4th quarter worth $3,125,000.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of NYSEARCA:RPV opened at $118.94 on Friday. The company’s fifty day moving average price is $115.69 and its 200-day moving average price is $111.54. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 13.00 and a beta of 0.82. Invesco S&P 500 Pure Value ETF has a one year low of $90.30 and a one year high of $121.27.

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.