Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Large Volume Increase – What’s Next?

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) shares saw an uptick in trading volume on Thursday . 226,569 shares traded hands during trading, an increase of 22% from the previous session’s volume of 185,129 shares.The stock last traded at $84.63 and had previously closed at $87.10.

Invesco S&P 500 Pure Value ETF Trading Down 3.4 %

The stock’s 50-day simple moving average is $90.93 and its 200-day simple moving average is $91.38. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 14.29 and a beta of 0.98.

Invesco S&P 500 Pure Value ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.672 dividend. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

Large investors have recently modified their holdings of the business. NBC Securities Inc. acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the 1st quarter valued at approximately $39,000. Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P 500 Pure Value ETF by 120.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 99,916 shares of the company’s stock valued at $9,013,000 after purchasing an additional 54,641 shares during the last quarter. Fidelity D & D Bancorp Inc. boosted its position in Invesco S&P 500 Pure Value ETF by 17.3% in the fourth quarter. Fidelity D & D Bancorp Inc. now owns 64,082 shares of the company’s stock valued at $5,781,000 after buying an additional 9,438 shares in the last quarter. Ameriflex Group Inc. bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $481,000. Finally, Cetera Investment Advisers increased its holdings in shares of Invesco S&P 500 Pure Value ETF by 7.0% during the fourth quarter. Cetera Investment Advisers now owns 9,020 shares of the company’s stock worth $814,000 after buying an additional 588 shares in the last quarter.

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.