Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Stock Position Lowered by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. lowered its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 390,042 shares of the company’s stock after selling 36,943 shares during the quarter. Invesco S&P 500 Pure Value ETF makes up about 7.3% of Armbruster Capital Management Inc.’s portfolio, making the stock its 3rd biggest position. Armbruster Capital Management Inc.’s holdings in Invesco S&P 500 Pure Value ETF were worth $32,015,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the third quarter valued at about $58,181,000. GTS Securities LLC lifted its holdings in shares of Invesco S&P 500 Pure Value ETF by 1,474.5% during the third quarter. GTS Securities LLC now owns 363,543 shares of the company’s stock worth $26,756,000 after purchasing an additional 340,453 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Invesco S&P 500 Pure Value ETF by 0.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 264,203 shares of the company’s stock valued at $19,440,000 after buying an additional 2,380 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 9.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 253,640 shares of the company’s stock worth $18,663,000 after buying an additional 20,988 shares during the period. Finally, Financial Enhancement Group LLC raised its position in Invesco S&P 500 Pure Value ETF by 0.3% during the 4th quarter. Financial Enhancement Group LLC now owns 155,144 shares of the company’s stock worth $12,294,000 after buying an additional 445 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Performance

NYSEARCA RPV traded up $0.55 on Monday, reaching $84.79. 32,892 shares of the company’s stock traded hands, compared to its average volume of 282,244. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $67.69 and a fifty-two week high of $88.63. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 11.43 and a beta of 0.97. The stock has a 50 day moving average price of $84.43 and a 200-day moving average price of $79.68.

Invesco S&P 500 Pure Value ETF 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.