Smallwood Wealth Investment Management LLC Buys 2,755 Shares of Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV)

Smallwood Wealth Investment Management LLC grew its position in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 42.3% in the fourth quarter, Holdings Channel reports. The fund owned 9,271 shares of the company’s stock after acquiring an additional 2,755 shares during the quarter. Invesco S&P SmallCap 600 Pure Value ETF accounts for 0.7% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 28th largest holding. Smallwood Wealth Investment Management LLC’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $1,032,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its position in Invesco S&P SmallCap 600 Pure Value ETF by 40.0% in the third quarter. FMR LLC now owns 640 shares of the company’s stock valued at $70,000 after purchasing an additional 183 shares during the last quarter. Benjamin Edwards Inc. bought a new position in Invesco S&P SmallCap 600 Pure Value ETF in the 3rd quarter valued at approximately $657,000. Creative Planning bought a new position in Invesco S&P SmallCap 600 Pure Value ETF in the 2nd quarter valued at approximately $420,000. Merit Financial Group LLC boosted its position in Invesco S&P SmallCap 600 Pure Value ETF by 15.1% during the 4th quarter. Merit Financial Group LLC now owns 23,303 shares of the company’s stock worth $2,595,000 after buying an additional 3,058 shares during the period. Finally, Twelve Points Wealth Management LLC grew its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 7.1% during the 3rd quarter. Twelve Points Wealth Management LLC now owns 15,841 shares of the company’s stock worth $1,732,000 after acquiring an additional 1,044 shares during the last quarter.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

RZV stock opened at $113.83 on Friday. The company has a market capitalization of $254.98 million, a P/E ratio of 9.58 and a beta of 1.32. The company has a fifty day moving average price of $114.02 and a 200-day moving average price of $109.55. Invesco S&P SmallCap 600 Pure Value ETF has a 52-week low of $95.06 and a 52-week high of $120.25.

Invesco S&P SmallCap 600 Pure Value ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.