Northwestern Mutual Wealth Management Co. Has $2.15 Million Stock Holdings in Invesco S&P SmallCap 600 Pure Value ETF $RZV

Northwestern Mutual Wealth Management Co. grew its stake in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 310.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 18,087 shares of the company’s stock after buying an additional 13,679 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $2,151,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RZV. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the second quarter valued at about $35,000. Cardiff Park Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the third quarter valued at about $77,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the fourth quarter valued at about $171,000. Envestnet Asset Management Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF in the second quarter valued at about $201,000. Finally, CWM LLC increased its stake in shares of Invesco S&P SmallCap 600 Pure Value ETF by 9.6% in the fourth quarter. CWM LLC now owns 2,047 shares of the company’s stock valued at $243,000 after buying an additional 180 shares during the period.

Invesco S&P SmallCap 600 Pure Value ETF Trading Up 1.2%

Shares of RZV stock opened at $137.49 on Wednesday. The stock has a market cap of $266.73 million, a price-to-earnings ratio of 10.81 and a beta of 1.11. The stock has a 50-day moving average of $130.65 and a 200-day moving average of $126.78. Invesco S&P SmallCap 600 Pure Value ETF has a 1-year low of $97.45 and a 1-year high of $139.95.

Invesco S&P SmallCap 600 Pure Value ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.