Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Large Volume Increase

Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) saw strong trading volume on Tuesday . 104,190 shares were traded during trading, a decline of 52% from the previous session’s volume of 219,103 shares.The stock last traded at $83.12 and had previously closed at $82.92.

Invesco S&P 500 Pure Value ETF Price Performance

The firm’s 50 day moving average is $84.53 and its 200 day moving average is $83.65. The firm has a market cap of $2.02 billion, a P/E ratio of 11.45 and a beta of 0.91.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RPV. ACR Alpine Capital Research LLC raised its holdings in Invesco S&P 500 Pure Value ETF by 844.1% in the fourth quarter. ACR Alpine Capital Research LLC now owns 1,025,958 shares of the company’s stock worth $84,211,000 after buying an additional 917,284 shares during the last quarter. GTS Securities LLC raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 1,474.5% during the third quarter. GTS Securities LLC now owns 363,543 shares of the company’s stock valued at $26,756,000 after purchasing an additional 340,453 shares during the last quarter. Strategic Advocates LLC raised its holdings in shares of Invesco S&P 500 Pure Value ETF by 1,546.3% during the first quarter. Strategic Advocates LLC now owns 207,612 shares of the company’s stock valued at $18,361,000 after purchasing an additional 195,001 shares during the last quarter. IMC Chicago LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $4,717,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the first quarter valued at approximately $4,334,000.

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.