Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Shares Acquired by Paragon Capital Management Ltd

Paragon Capital Management Ltd lifted its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 25.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,179 shares of the company’s stock after acquiring an additional 6,613 shares during the period. Invesco S&P 500 Pure Value ETF accounts for approximately 0.5% of Paragon Capital Management Ltd’s investment portfolio, making the stock its 26th biggest holding. Paragon Capital Management Ltd owned about 0.09% of Invesco S&P 500 Pure Value ETF worth $2,496,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Cibc World Market Inc. acquired a new position in Invesco S&P 500 Pure Value ETF in the 1st quarter worth approximately $314,000. Blair William & Co. IL increased its stake in shares of Invesco S&P 500 Pure Value ETF by 12.3% in the first quarter. Blair William & Co. IL now owns 3,218 shares of the company’s stock worth $276,000 after acquiring an additional 353 shares during the period. Prudential PLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the first quarter worth $1,627,000. Cetera Investment Advisers increased its stake in shares of Invesco S&P 500 Pure Value ETF by 388.4% in the first quarter. Cetera Investment Advisers now owns 45,426 shares of the company’s stock worth $3,891,000 after acquiring an additional 36,125 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the 1st quarter valued at about $13,052,000.

Invesco S&P 500 Pure Value ETF Stock Down 0.4 %

Shares of RPV stock traded down $0.27 on Friday, hitting $76.43. The company had a trading volume of 78,823 shares, compared to its average volume of 484,267. The firm has a market cap of $2.00 billion, a P/E ratio of 9.73 and a beta of 1.17. The company has a 50-day moving average price of $78.04 and a 200-day moving average price of $76.13. Invesco S&P 500 Pure Value ETF has a twelve month low of $69.47 and a twelve month high of $90.04.

Invesco S&P 500 Pure Value ETF 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.