Raymond James Financial Inc. Buys Shares of 129,842 Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) during the fourth quarter, HoldingsChannel reports. The fund acquired 129,842 shares of the company’s stock, valued at approximately $11,713,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. New Millennium Group LLC purchased a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at approximately $54,000. Birch Capital Management LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the 4th quarter worth approximately $90,000. Comprehensive Financial Planning Inc. PA purchased a new position in Invesco S&P 500 Pure Value ETF during the fourth quarter worth $129,000. Centaurus Financial Inc. bought a new position in Invesco S&P 500 Pure Value ETF during the third quarter valued at $194,000. Finally, Jim Saulnier & Associates LLC purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at $273,000.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV opened at $92.57 on Friday. The stock’s 50 day moving average price is $92.19 and its 200-day moving average price is $91.22. Invesco S&P 500 Pure Value ETF has a one year low of $81.26 and a one year high of $97.73. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of 14.13 and a beta of 1.16.

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.