Concord Wealth Partners Decreases Position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Concord Wealth Partners lowered its holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 34.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,488 shares of the company’s stock after selling 16,298 shares during the period. Concord Wealth Partners owned about 0.12% of Invesco S&P 500 Pure Value ETF worth $2,585,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter worth $44,000. Authentikos Wealth Advisory LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the third quarter worth approximately $60,000. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter worth approximately $78,000. HBW Advisory Services LLC acquired a new position in Invesco S&P 500 Pure Value ETF in the fourth quarter worth approximately $220,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Invesco S&P 500 Pure Value ETF by 6.1% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,045 shares of the company’s stock worth $224,000 after buying an additional 174 shares during the last quarter.

Invesco S&P 500 Pure Value ETF Stock Up 0.5 %

RPV stock traded up $0.39 during midday trading on Wednesday, hitting $83.92. 79,273 shares of the company traded hands, compared to its average volume of 269,104. Invesco S&P 500 Pure Value ETF has a twelve month low of $67.69 and a twelve month high of $88.63. The business has a 50 day simple moving average of $84.83 and a 200-day simple moving average of $80.32. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 11.43 and a beta of 0.97.

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.