Invesco S&P 500 Pure Value ETF $RPV Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 861.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 234,437 shares of the company’s stock after buying an additional 210,053 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.49% of Invesco S&P 500 Pure Value ETF worth $24,231,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Optiver Holding B.V. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $37,000. Assetmark Inc. raised its position 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 valued at $43,000 after buying an additional 125 shares during the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at about $56,000. IFP Advisors Inc raised its position in shares of Invesco S&P 500 Pure Value ETF by 31.8% in the third quarter. IFP Advisors Inc now owns 621 shares of the company’s stock valued at $62,000 after buying an additional 150 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter valued at about $88,000.

Invesco S&P 500 Pure Value ETF Trading Down 0.3%

Shares of RPV opened at $110.99 on Wednesday. Invesco S&P 500 Pure Value ETF has a 12-month low of $89.04 and a 12-month high of $113.93. The firm has a 50-day moving average price of $108.65 and a 200 day moving average price of $106.63. The firm has a market capitalization of $1.82 billion, a P/E ratio of 13.00 and a beta of 0.83.

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.