NewEdge Advisors LLC Raises Holdings in Invesco S&P 500 Pure Value ETF $RPV

NewEdge Advisors LLC raised its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 47,327.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,651 shares of the company’s stock after purchasing an additional 15,618 shares during the quarter. NewEdge Advisors LLC owned approximately 0.10% of Invesco S&P 500 Pure Value ETF worth $1,681,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its holdings in shares of Invesco S&P 500 Pure Value ETF by 19.7% in the first quarter. Royal Bank of Canada now owns 28,556 shares of the company’s stock worth $2,637,000 after buying an additional 4,694 shares in the last quarter. Jones Financial Companies Lllp grew its stake in Invesco S&P 500 Pure Value ETF by 163.7% during the first quarter. Jones Financial Companies Lllp now owns 10,103 shares of the company’s stock valued at $933,000 after acquiring an additional 6,272 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 83.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,215 shares of the company’s stock worth $4,730,000 after acquiring an additional 23,346 shares during the period. Baird Financial Group Inc. increased its holdings in Invesco S&P 500 Pure Value ETF by 15.9% during the 2nd quarter. Baird Financial Group Inc. now owns 3,853 shares of the company’s stock worth $361,000 after acquiring an additional 530 shares during the period. Finally, Qube Research & Technologies Ltd increased its holdings in Invesco S&P 500 Pure Value ETF by 552.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 3,146 shares of the company’s stock worth $295,000 after acquiring an additional 2,664 shares during the period.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of NYSEARCA:RPV opened at $118.94 on Friday. The firm has a fifty day moving average price of $115.69 and a two-hundred day moving average price of $111.54. Invesco S&P 500 Pure Value ETF has a one year low of $90.30 and a one year high of $121.27. The company has a market cap of $1.65 billion, a price-to-earnings 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.