Salomon & Ludwin LLC Decreases Stock Holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Salomon & Ludwin LLC lowered its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 37.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,574 shares of the company’s stock after selling 1,536 shares during the quarter. Salomon & Ludwin LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $228,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RPV. ACR Alpine Capital Research LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF by 844.1% in the fourth quarter. ACR Alpine Capital Research LLC now owns 1,025,958 shares of the company’s stock valued at $84,211,000 after acquiring an additional 917,284 shares during the period. Strategic Advocates LLC increased its holdings in Invesco S&P 500 Pure Value ETF by 1,546.3% during the 1st quarter. Strategic Advocates LLC now owns 207,612 shares of the company’s stock worth $18,361,000 after purchasing an additional 195,001 shares during the period. IMC Chicago LLC bought a new stake in Invesco S&P 500 Pure Value ETF during the 1st quarter valued at $4,717,000. BNP Paribas Financial Markets purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter worth $4,334,000. Finally, Planned Solutions Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter valued at $3,716,000.

Invesco S&P 500 Pure Value ETF Stock Performance

Invesco S&P 500 Pure Value ETF stock traded up $0.18 during midday trading on Tuesday, hitting $83.20. 255,617 shares of the company’s stock were exchanged, compared to its average volume of 221,940. Invesco S&P 500 Pure Value ETF has a 12 month low of $67.69 and a 12 month high of $88.63. The company has a market cap of $2.02 billion, a PE ratio of 11.45 and a beta of 0.91. The firm has a 50-day moving average of $84.41 and a two-hundred day moving average of $83.69.

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.