Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV – Get Free Report)’s stock price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $146.31 and traded as high as $146.35. Invesco S&P MidCap 400 Pure Value ETF shares last traded at $146.35, with a volume of 4,742 shares.

Invesco S&P MidCap 400 Pure Value ETF Stock Up 0.1%

The company has a market cap of $338.07 million, a P/E ratio of 10.69 and a beta of 1.07. The company’s 50-day moving average is $146.31 and its two-hundred day moving average is $141.85.

Institutional Trading of Invesco S&P MidCap 400 Pure Value ETF

Hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC bought a new position in shares of Invesco S&P MidCap 400 Pure Value ETF during the 3rd quarter valued at approximately $509,000. Focus Advisor Solutions LLC raised its holdings in shares of Invesco S&P MidCap 400 Pure Value ETF by 87.1% in the 3rd quarter. Focus Advisor Solutions LLC now owns 13,045 shares of the company’s stock worth $1,845,000 after purchasing an additional 6,072 shares during the period. Thoroughbred Financial Services LLC purchased a new position in Invesco S&P MidCap 400 Pure Value ETF in the third quarter valued at approximately $201,000. Harbour Investments Inc. purchased a new position in Invesco S&P MidCap 400 Pure Value ETF in the third quarter valued at approximately $753,000. Finally, M Holdings Securities Inc. purchased a new position in Invesco S&P MidCap 400 Pure Value ETF in the third quarter valued at approximately $751,000.

About Invesco S&P MidCap 400 Pure Value ETF

(Get Free Report)

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.

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