Fidelity D & D Bancorp Inc. Has $18.56 Million Position in Invesco S&P 500 Pure Value ETF $RPV

Fidelity D & D Bancorp Inc. boosted its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 95.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,531 shares of the company’s stock after buying an additional 87,811 shares during the period. Invesco S&P 500 Pure Value ETF makes up approximately 8.0% of Fidelity D & D Bancorp Inc.’s portfolio, making the stock its biggest position. Fidelity D & D Bancorp Inc. owned approximately 1.14% of Invesco S&P 500 Pure Value ETF worth $18,556,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cushing Capital Partners LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at about $1,034,000. Synergy Asset Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at about $2,363,000. Strategic Advocates LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 4.6% during the 3rd quarter. Strategic Advocates LLC now owns 276,123 shares of the company’s stock valued at $27,441,000 after purchasing an additional 12,228 shares during the last quarter. New England Private Wealth Advisors LLC boosted its stake in Invesco S&P 500 Pure Value ETF by 2,001.6% during the 4th quarter. New England Private Wealth Advisors LLC now owns 346,868 shares of the company’s stock valued at $35,868,000 after purchasing an additional 330,363 shares during the last quarter. Finally, AlphaCore Capital LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at about $2,375,000.

Invesco S&P 500 Pure Value ETF Stock Performance

RPV stock opened at $112.71 on Tuesday. The company has a market capitalization of $1.85 billion, a P/E ratio of 13.00 and a beta of 0.83. Invesco S&P 500 Pure Value ETF has a 52-week low of $89.04 and a 52-week high of $113.93. The business has a 50-day simple moving average of $108.99 and a two-hundred day simple moving average of $107.01.

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. RPV was launched on Mar 1, 2006 and is managed by Invesco.