Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Hits New 52-Week High at $89.64

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $89.64 and last traded at $89.64, with a volume of 112037 shares changing hands. The stock had previously closed at $88.39.

Invesco S&P 500 Pure Value ETF Stock Performance

The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The company’s 50 day simple moving average is $86.71 and its 200 day simple moving average is $85.46.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Lockheed Martin Investment Management Co. raised its position in shares of Invesco S&P 500 Pure Value ETF by 36.0% during the fourth quarter. Lockheed Martin Investment Management Co. now owns 24,200 shares of the company’s stock valued at $1,986,000 after buying an additional 6,400 shares during the last quarter. Avantax Advisory Services Inc. raised its position in shares of Invesco S&P 500 Pure Value ETF by 2.5% during the first quarter. Avantax Advisory Services Inc. now owns 10,240 shares of the company’s stock valued at $906,000 after buying an additional 246 shares during the last quarter. SPC Financial Inc. raised its position in shares of Invesco S&P 500 Pure Value ETF by 29.0% during the first quarter. SPC Financial Inc. now owns 14,220 shares of the company’s stock valued at $1,258,000 after buying an additional 3,198 shares during the last quarter. Trexquant Investment LP raised its position in shares of Invesco S&P 500 Pure Value ETF by 68.7% during the fourth quarter. Trexquant Investment LP now owns 5,649 shares of the company’s stock valued at $464,000 after buying an additional 2,301 shares during the last quarter. Finally, Tidemark LLC acquired a new position in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter valued at about $38,000.

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.