Salomon & Ludwin LLC Trims Position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Salomon & Ludwin LLC cut its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 15.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,198 shares of the company’s stock after selling 226 shares during the quarter. Salomon & Ludwin LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $108,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RPV. Creative Planning increased its stake in shares of Invesco S&P 500 Pure Value ETF by 22.7% in the third quarter. Creative Planning now owns 10,243 shares of the company’s stock worth $911,000 after purchasing an additional 1,898 shares in the last quarter. Good Life Advisors LLC increased its stake in shares of Invesco S&P 500 Pure Value ETF by 100.1% in the third quarter. Good Life Advisors LLC now owns 5,624 shares of the company’s stock worth $500,000 after purchasing an additional 2,813 shares in the last quarter. Strategic Advocates LLC increased its stake in shares of Invesco S&P 500 Pure Value ETF by 4.7% in the third quarter. Strategic Advocates LLC now owns 240,238 shares of the company’s stock worth $21,362,000 after purchasing an additional 10,752 shares in the last quarter. Hardin Capital Partners LLC increased its stake in shares of Invesco S&P 500 Pure Value ETF by 24.1% in the third quarter. Hardin Capital Partners LLC now owns 9,708 shares of the company’s stock worth $853,000 after purchasing an additional 1,883 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of Invesco S&P 500 Pure Value ETF by 27.0% in the third quarter. Private Advisor Group LLC now owns 16,158 shares of the company’s stock worth $1,437,000 after purchasing an additional 3,431 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of NYSEARCA:RPV opened at $92.37 on Friday. The firm has a fifty day moving average price of $91.79 and a 200 day moving average price of $90.19. Invesco S&P 500 Pure Value ETF has a fifty-two week low of $81.26 and a fifty-two week high of $97.73. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91.

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.