Invesco S&P 500 Pure Value ETF $RPV Stock Bought by Midwest Financial Network LLC

Midwest Financial Network LLC grew its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 183.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,516 shares of the company’s stock after purchasing an additional 8,741 shares during the quarter. Invesco S&P 500 Pure Value ETF comprises approximately 1.1% of Midwest Financial Network LLC’s portfolio, making the stock its 29th biggest position. Midwest Financial Network LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $1,551,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Compass Financial Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the 2nd quarter worth approximately $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter worth about $36,000. Ascentis Independent Advisors purchased a new position in Invesco S&P 500 Pure Value ETF during the first quarter worth approximately $48,000. Farther Finance Advisors LLC grew its stake in Invesco S&P 500 Pure Value ETF by 69.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,832 shares of the company’s stock valued at $210,000 after acquiring an additional 749 shares during the period. Finally, Diversify Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the first quarter valued at about $214,000.

Invesco S&P 500 Pure Value ETF Trading Up 0.3%

NYSEARCA:RPV opened at $117.73 on Tuesday. Invesco S&P 500 Pure Value ETF has a 12 month low of $96.12 and a 12 month high of $123.43. The firm has a market cap of $1.68 billion, a P/E ratio of 13.00 and a beta of 0.84. The stock has a 50 day moving average of $120.03 and a two-hundred day moving average of $115.44.

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. RPV was launched on Mar 1, 2006 and is managed by Invesco.