New England Private Wealth Advisors LLC Buys 330,363 Shares of Invesco S&P 500 Pure Value ETF $RPV

New England Private Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 2,001.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 346,868 shares of the company’s stock after buying an additional 330,363 shares during the quarter. Invesco S&P 500 Pure Value ETF comprises about 2.1% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 9th biggest position. New England Private Wealth Advisors LLC owned about 2.20% of Invesco S&P 500 Pure Value ETF worth $35,868,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of RPV. Cushing Capital Partners LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $1,034,000. Synergy Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $2,363,000. Strategic Advocates LLC boosted its holdings in shares of Invesco S&P 500 Pure Value ETF by 4.6% during the third quarter. Strategic Advocates LLC now owns 276,123 shares of the company’s stock worth $27,441,000 after purchasing an additional 12,228 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $2,375,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Value ETF during the fourth quarter worth $6,291,000.

Invesco S&P 500 Pure Value ETF Stock Up 1.0%

RPV stock opened at $112.71 on Friday. Invesco S&P 500 Pure Value ETF has a 52-week low of $89.04 and a 52-week high of $113.93. The stock’s fifty day simple moving average is $108.88 and its 200-day simple moving average is $106.85. The stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of 13.00 and a beta of 0.83.

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