Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Large Volume Increase

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) shares saw unusually-high trading volume on Tuesday . Approximately 104,190 shares traded hands during mid-day trading, a decline of 52% from the previous session’s volume of 219,103 shares.The stock last traded at $83.12 and had previously closed at $82.92.

Invesco S&P 500 Pure Value ETF Stock Performance

The company has a market cap of $2.02 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The stock’s fifty day moving average is $84.53 and its two-hundred day moving average is $83.65.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

A number of institutional investors and hedge funds have recently made changes to their positions in RPV. Independent Wealth Network Inc. increased its stake in Invesco S&P 500 Pure Value ETF by 2.0% in the 4th quarter. Independent Wealth Network Inc. now owns 6,702 shares of the company’s stock valued at $550,000 after buying an additional 134 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in Invesco S&P 500 Pure Value ETF by 1.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 8,032 shares of the company’s stock valued at $668,000 after buying an additional 143 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Invesco S&P 500 Pure Value ETF by 1.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 9,994 shares of the company’s stock valued at $820,000 after buying an additional 170 shares during the last quarter. WealthPLAN Partners LLC increased its stake in Invesco S&P 500 Pure Value ETF by 3.4% in the 4th quarter. WealthPLAN Partners LLC now owns 6,434 shares of the company’s stock valued at $528,000 after buying an additional 210 shares during the last quarter. Finally, Mariner LLC increased its stake in Invesco S&P 500 Pure Value ETF by 3.8% in the 3rd quarter. Mariner LLC now owns 7,389 shares of the company’s stock valued at $544,000 after buying an additional 272 shares during the last quarter.

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.