Arkadios Wealth Advisors Trims Stock Holdings in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Arkadios Wealth Advisors reduced its position in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 3.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 83,487 shares of the company’s stock after selling 2,683 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco S&P 500 Pure Value ETF were worth $7,531,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Lansing Street Advisors boosted its stake in Invesco S&P 500 Pure Value ETF by 0.5% during the 3rd quarter. Lansing Street Advisors now owns 21,878 shares of the company’s stock worth $1,945,000 after purchasing an additional 114 shares during the period. RMR Capital Management LLC boosted its stake in shares of Invesco S&P 500 Pure Value ETF by 2.5% during the third quarter. RMR Capital Management LLC now owns 17,829 shares of the company’s stock worth $1,586,000 after buying an additional 436 shares during the period. Matrix Trust Co purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter worth about $44,000. Activest Wealth Management grew its holdings in shares of Invesco S&P 500 Pure Value ETF by 3.9% during the third quarter. Activest Wealth Management now owns 14,895 shares of the company’s stock worth $1,324,000 after buying an additional 560 shares during the last quarter. Finally, Planned Solutions Inc. increased its position in Invesco S&P 500 Pure Value ETF by 2.0% in the 3rd quarter. Planned Solutions Inc. now owns 45,422 shares of the company’s stock valued at $4,039,000 after acquiring an additional 905 shares during the period.

Invesco S&P 500 Pure Value ETF Trading Up 0.4 %

Invesco S&P 500 Pure Value ETF stock opened at $92.83 on Friday. The stock has a 50 day moving average of $92.74 and a two-hundred day moving average of $89.25. Invesco S&P 500 Pure Value ETF has a twelve month low of $78.31 and a twelve month high of $97.73. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91.

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.