Raymond James Financial Inc. Buys Shares of 129,842 Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)
Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) during the fourth quarter, HoldingsChannel reports. The fund acquired 129,842 shares of the company’s stock, valued at approximately $11,713,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. New Millennium Group LLC purchased a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at approximately $54,000. Birch Capital Management LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $90,000. Comprehensive Financial Planning Inc. PA purchased a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter worth $129,000. Centaurus Financial Inc. bought a new position in Invesco S&P 500 Pure Value ETF during the third quarter valued at $194,000. Finally, Jim Saulnier & Associates LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at $273,000.
Invesco S&P 500 Pure Value ETF Stock Performance
RPV opened at $92.57 on Friday. The stock’s 50 day moving average price is $92.19 and its 200-day moving average price is $91.22. Invesco S&P 500 Pure Value ETF has a one year low of $81.26 and a one year high of $97.73. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 14.13 and a beta of 1.16.
Invesco S&P 500 Pure Value ETF Profile
The Invesco S&P 500 Pure Value ETF (RPV) is an exchange-traded fund that is based on the S&P 500u002FCitigroup 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.
Further Reading
Want to see what other hedge funds are holding RPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report).
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