HighTower Advisors LLC decreased its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) by 3.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 135,315 shares of the company’s stock after selling 4,886 shares during the period. HighTower Advisors LLC owned about 0.56% of Invesco S&P 500 Pure Value ETF worth $12,207,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. New Millennium Group LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $54,000. Larson Financial Group LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $56,000. Birch Capital Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $90,000. Comprehensive Financial Planning Inc. PA acquired a new position in Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $129,000. Finally, Centaurus Financial Inc. acquired a new position in Invesco S&P 500 Pure Value ETF in the 3rd quarter worth approximately $194,000.
Invesco S&P 500 Pure Value ETF Stock Up 1.5 %
Shares of NYSEARCA:RPV opened at $90.77 on Monday. The firm has a fifty day moving average of $92.02 and a two-hundred day moving average of $91.16. The firm has a market capitalization of $1.30 billion, a P/E ratio of 14.13 and a beta of 1.16. Invesco S&P 500 Pure Value ETF has a 12-month low of $81.26 and a 12-month high of $97.73.
About Invesco S&P 500 Pure Value ETF
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.
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