Parallel Advisors LLC Purchases New Shares in Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV)

Parallel Advisors LLC purchased a new stake in Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,525 shares of the company’s stock, valued at approximately $260,000. Parallel Advisors LLC owned about 0.33% of Invesco Russell 2000 Pure Value ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC purchased a new stake in shares of Invesco Russell 2000 Pure Value ETF during the 2nd quarter valued at $58,000. Jane Street Group LLC purchased a new stake in shares of Invesco Russell 2000 Pure Value ETF during the 2nd quarter valued at $219,000. Ullmann Financial Group Inc. purchased a new stake in shares of Invesco Russell 2000 Pure Value ETF during the 3rd quarter valued at $242,000. Royal Bank of Canada increased its position in shares of Invesco Russell 2000 Pure Value ETF by 111.4% during the 2nd quarter. Royal Bank of Canada now owns 31,664 shares of the company’s stock valued at $930,000 after purchasing an additional 16,689 shares during the last quarter. Finally, Citadel Advisors LLC increased its position in shares of Invesco Russell 2000 Pure Value ETF by 81.2% during the 2nd quarter. Citadel Advisors LLC now owns 33,878 shares of the company’s stock valued at $994,000 after purchasing an additional 15,177 shares during the last quarter.

Shares of PXSV stock remained flat at $$28.96 on Friday. The stock had a trading volume of 7,332 shares, compared to its average volume of 5,373. Invesco Russell 2000 Pure Value ETF has a 12 month low of $25.20 and a 12 month high of $33.62. The firm has a 50 day moving average price of $28.96 and a 200 day moving average price of $29.12.

Invesco Russell 2000 Pure Value ETF Profile

PowerShares Fundamental Pure Small Value Portfolio (the Fund), formerly PowerShares Dynamic Small Cap Value Portfolio, is based on the RAFI Fundamental Small Value Index (Index). The Fund focuses to invest at least 90% of its total assets in the securities that comprise the Index. The Index is consisted of common stocks of small value the United States companies, including real estate investment trusts (REITs), from a universe consisted of the 2,500 the United States companies.

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Institutional Ownership by Quarter for Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV)

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