Gateway Wealth Partners LLC Has $2.78 Million Stock Holdings in Invesco S&P 500 Pure Value ETF $RPV

Gateway Wealth Partners LLC increased its position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 240.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,863 shares of the company’s stock after buying an additional 18,275 shares during the quarter. Gateway Wealth Partners LLC owned 0.16% of Invesco S&P 500 Pure Value ETF worth $2,777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 0.7% during the 4th quarter. Money Concepts Capital Corp now owns 14,239 shares of the company’s stock worth $1,472,000 after purchasing an additional 96 shares in the last quarter. Comerica Bank raised its stake in shares of Invesco S&P 500 Pure Value ETF by 1.0% in the fourth quarter. Comerica Bank now owns 12,142 shares of the company’s stock valued at $1,255,000 after purchasing an additional 115 shares in the last quarter. Assetmark Inc. raised its stake in shares of Invesco S&P 500 Pure Value ETF by 42.7% in the fourth quarter. Assetmark Inc. now owns 418 shares of the company’s stock valued at $43,000 after purchasing an additional 125 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Invesco S&P 500 Pure Value ETF by 2.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 4,721 shares of the company’s stock worth $488,000 after purchasing an additional 126 shares during the period. Finally, Allworth Financial LP lifted its position in Invesco S&P 500 Pure Value ETF by 5.2% in the fourth quarter. Allworth Financial LP now owns 2,635 shares of the company’s stock worth $272,000 after purchasing an additional 131 shares during the period.

Invesco S&P 500 Pure Value ETF Price Performance

RPV opened at $119.44 on Tuesday. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $90.30 and a fifty-two week high of $119.75. The firm’s fifty day moving average price is $115.03 and its two-hundred day moving average price is $111.20. The company has a market capitalization of $1.62 billion, a P/E ratio of 13.00 and a beta of 0.82.

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.