Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sets New 52-Week High – Here’s What Happened

Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $123.22 and last traded at $123.19, with a volume of 13211 shares changing hands. The stock had previously closed at $121.85.

Invesco S&P 500 Pure Value ETF Price Performance

The firm has a market capitalization of $1.70 billion, a P/E ratio of 13.00 and a beta of 0.82. The firm’s 50 day simple moving average is $117.75 and its two-hundred day simple moving average is $112.93.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. IFC & Insurance Marketing Inc. bought a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter worth approximately $31,000. MBM Wealth Consultants LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $36,000. Assetmark Inc. grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 42.7% in the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock worth $43,000 after purchasing an additional 125 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter worth approximately $44,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the first quarter worth $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.