Valued Retirements Inc. Purchases Shares of 2,468 Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Valued Retirements Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) in the first quarter, HoldingsChannel reports. The institutional investor acquired 2,468 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Pure Value ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 228,553 shares of the company’s stock valued at $20,618,000 after acquiring an additional 13,200 shares during the period. Ameriprise Financial Inc. lifted its holdings in Invesco S&P 500 Pure Value ETF by 1.4% in the 4th quarter. Ameriprise Financial Inc. now owns 127,462 shares of the company’s stock worth $11,498,000 after purchasing an additional 1,752 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco S&P 500 Pure Value ETF by 120.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 99,916 shares of the company’s stock worth $9,013,000 after purchasing an additional 54,641 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Invesco S&P 500 Pure Value ETF by 1.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 74,073 shares of the company’s stock worth $6,841,000 after purchasing an additional 1,140 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. lifted its holdings in Invesco S&P 500 Pure Value ETF by 9.8% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 70,365 shares of the company’s stock worth $6,498,000 after purchasing an additional 6,283 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Trading Up 0.7%

NYSEARCA RPV opened at $94.30 on Friday. The stock’s 50 day moving average is $92.67 and its 200 day moving average is $91.25. Invesco S&P 500 Pure Value ETF has a 12 month low of $80.40 and a 12 month high of $97.73. The stock has a market cap of $1.35 billion, a PE ratio of 13.00 and a beta of 1.17.

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.