Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Reaches New 1-Year High – Here’s What Happened

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) hit a new 52-week high on Thursday . The company traded as high as $121.35 and last traded at $120.48, with a volume of 5091 shares trading hands. The stock had previously closed at $120.28.

Invesco S&P 500 Pure Value ETF Price Performance

The firm’s fifty day moving average is $116.40 and its two-hundred day moving average is $111.98. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 13.00 and a beta of 0.82.

Institutional Trading of Invesco S&P 500 Pure Value ETF

Institutional investors have recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter valued at approximately $31,000. MBM Wealth Consultants LLC bought a new stake in Invesco S&P 500 Pure Value ETF during the first quarter worth approximately $36,000. Assetmark Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 42.7% during the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco S&P 500 Pure Value ETF in the fourth quarter worth approximately $44,000. Finally, Ascentis Independent Advisors acquired a new stake in Invesco S&P 500 Pure Value ETF in the first quarter worth approximately $48,000.

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.