Bank of America Corp DE grew its position in Invesco Russell MidCap Pure Value ETF (NYSEARCA:PXMV) by 140.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 29,313 shares of the company’s stock after acquiring an additional 17,112 shares during the period. Bank of America Corp DE’s holdings in Invesco Russell MidCap Pure Value ETF were worth $807,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the company. Advisor Group Inc. boosted its stake in shares of Invesco Russell MidCap Pure Value ETF by 6.3% in the fourth quarter. Advisor Group Inc. now owns 30,148 shares of the company’s stock worth $830,000 after buying an additional 1,779 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Invesco Russell MidCap Pure Value ETF by 3.2% in the fourth quarter. Citigroup Inc. now owns 62,242 shares of the company’s stock worth $1,715,000 after buying an additional 1,948 shares during the last quarter. Institute for Wealth Management LLC. purchased a new stake in shares of Invesco Russell MidCap Pure Value ETF in the fourth quarter worth about $313,000. Finally, Morgan Stanley boosted its stake in shares of Invesco Russell MidCap Pure Value ETF by 12.8% in the third quarter. Morgan Stanley now owns 113,376 shares of the company’s stock worth $3,548,000 after buying an additional 12,893 shares during the last quarter.

Shares of PXMV opened at $31.74 on Thursday. Invesco Russell MidCap Pure Value ETF has a 52 week low of $26.26 and a 52 week high of $32.45.

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Invesco Russell MidCap Pure Value ETF Company Profile

PowerShares Dynamic Mid Cap Value Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Mid Cap Value Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as consumer staples, energy, financials, health care, industrials, information technology, materials and utilities.

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Want to see what other hedge funds are holding PXMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Russell MidCap Pure Value ETF (NYSEARCA:PXMV).

Institutional Ownership by Quarter for Invesco Russell MidCap Pure Value ETF (NYSEARCA:PXMV)

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