Pinnacle Bancorp Inc. Acquires 5,432 Shares of Invesco S&P 500 Pure Value ETF $RPV

Pinnacle Bancorp Inc. acquired a new position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,432 shares of the company’s stock, valued at approximately $623,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RPV. Diligent Investors LLC bought a new stake in shares of Invesco S&P 500 Pure Value ETF during the 3rd quarter valued at about $258,000. New England Private Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Pure Value ETF by 0.5% during the third quarter. New England Private Wealth Advisors LLC now owns 16,886 shares of the company’s stock valued at $1,937,000 after buying an additional 91 shares during the period. IFP Advisors Inc raised its stake in Invesco S&P 500 Pure Value ETF by 408.1% in the third quarter. IFP Advisors Inc now owns 10,888 shares of the company’s stock worth $1,249,000 after buying an additional 8,745 shares in the last quarter. Peak Financial Management Inc. bought a new position in Invesco S&P 500 Pure Value ETF in the third quarter worth about $12,294,000. Finally, Activest Wealth Management raised its stake in Invesco S&P 500 Pure Value ETF by 20.6% in the third quarter. Activest Wealth Management now owns 10,482 shares of the company’s stock worth $1,203,000 after buying an additional 1,794 shares in the last quarter.

Invesco S&P 500 Pure Value ETF Price Performance

Shares of RPV opened at $120.22 on Thursday. Invesco S&P 500 Pure Value ETF has a one year low of $96.95 and a one year high of $123.43. The company has a 50-day simple moving average of $119.87 and a two-hundred day simple moving average of $116.06. The firm has a market capitalization of $1.69 billion, a PE ratio of 13.00 and a beta of 0.84.

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.