Mount Lucas Management LP bought a new stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 273,745 shares of the company’s stock, valued at approximately $24,695,000. Invesco S&P 500 Pure Value ETF accounts for about 8.6% of Mount Lucas Management LP’s holdings, making the stock its 2nd biggest position.
Several other large investors have also recently bought and sold shares of the stock. Larson Financial Group LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at $56,000. Ethos Financial Group LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at $651,000. Raymond James Financial Inc. acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at $11,713,000. SPC Financial Inc. raised its stake in Invesco S&P 500 Pure Value ETF by 3.5% during the 4th quarter. SPC Financial Inc. now owns 20,275 shares of the company’s stock valued at $1,829,000 after purchasing an additional 690 shares during the last quarter. Finally, Atria Investments Inc acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at $1,062,000.
Invesco S&P 500 Pure Value ETF Stock Performance
Shares of RPV stock opened at $92.28 on Monday. Invesco S&P 500 Pure Value ETF has a 52-week low of $81.26 and a 52-week high of $97.73. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 13.30 and a beta of 1.18. The firm has a fifty day moving average of $92.00 and a 200-day moving average of $91.07.
About Invesco S&P 500 Pure Value ETF
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Pure Value ETF
- How to trade using analyst ratings
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- Investing in Commodities: What Are They? How to Invest in Them
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- Golden Cross Stocks: Pattern, Examples and Charts
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Want to see what other hedge funds are holding RPV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Free Report).
Receive News & Ratings for Invesco S&P 500 Pure Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Pure Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
