Dale Q Rice Investment Management Ltd Buys Shares of 6,278 Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Dale Q Rice Investment Management Ltd purchased a new position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,278 shares of the company’s stock, valued at approximately $566,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Matrix Trust Co bought a new stake in Invesco S&P 500 Pure Value ETF in the third quarter worth $44,000. Birch Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF in the fourth quarter worth about $90,000. Centaurus Financial Inc. bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $194,000. Jim Saulnier & Associates LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter worth about $273,000. Finally, Savvy Advisors Inc. acquired a new position in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at about $276,000.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV opened at $90.90 on Tuesday. The firm has a market cap of $2.21 billion, a P/E ratio of 11.45 and a beta of 0.91. The business has a 50 day moving average price of $92.76 and a 200 day moving average price of $89.08. Invesco S&P 500 Pure Value ETF has a twelve month low of $78.31 and a twelve month high of $97.73.

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.