Strategic Financial Concepts LLC Boosts Stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Strategic Financial Concepts LLC boosted its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 11,145.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 935,618 shares of the company’s stock after purchasing an additional 927,298 shares during the period. Strategic Financial Concepts LLC’s holdings in Invesco S&P 500 Pure Value ETF were worth $931,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New Millennium Group LLC bought a new stake in Invesco S&P 500 Pure Value ETF during the fourth quarter valued at about $54,000. Birch Capital Management LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the 4th quarter valued at about $90,000. Centaurus Financial Inc. bought a new position in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at approximately $194,000. Jim Saulnier & Associates LLC purchased a new stake in Invesco S&P 500 Pure Value ETF in the 3rd quarter worth approximately $273,000. Finally, Savvy Advisors Inc. bought a new stake in Invesco S&P 500 Pure Value ETF during the 3rd quarter worth approximately $276,000.

Invesco S&P 500 Pure Value ETF Price Performance

RPV opened at $91.35 on Wednesday. The firm has a market cap of $2.22 billion, a P/E ratio of 11.45 and a beta of 0.91. Invesco S&P 500 Pure Value ETF has a 1-year low of $80.19 and a 1-year high of $97.73. The company has a 50 day simple moving average of $92.03 and a two-hundred day simple moving average of $90.15.

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.