WP Advisors LLC Trims Stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

WP Advisors LLC reduced its holdings in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 61.0% in the third quarter, Holdings Channel reports. The institutional investor owned 37,017 shares of the company’s stock after selling 57,976 shares during the period. Invesco S&P 500 Pure Value ETF comprises about 1.2% of WP Advisors LLC’s portfolio, making the stock its 21st biggest holding. WP Advisors LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $3,292,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. bought a new position in shares of Invesco S&P 500 Pure Value ETF in the second quarter worth approximately $25,000. Matrix Trust Co bought a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth $44,000. Eagle Strategies LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF during the second quarter worth $248,000. Savvy Advisors Inc. bought a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth $276,000. Finally, HBW Advisory Services LLC boosted its position in shares of Invesco S&P 500 Pure Value ETF by 26.9% during the second quarter. HBW Advisory Services LLC now owns 3,397 shares of the company’s stock worth $283,000 after acquiring an additional 720 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Down 0.1 %

RPV stock opened at $93.96 on Monday. Invesco S&P 500 Pure Value ETF has a 52 week low of $73.51 and a 52 week high of $95.14. The company has a fifty day simple moving average of $89.40 and a two-hundred day simple moving average of $86.77. The firm has a market capitalization of $2.28 billion, a P/E ratio of 11.45 and a beta of 0.91.

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.