Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) Sees Unusually-High Trading Volume – What’s Next?

Posted by Faye Duncan on Jan 23rd, 2025

Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV – Get Free Report) shares saw strong trading volume on Thursday . 5,410,075 shares were traded during mid-day trading, an increase of 934% from the previous session’s volume of 523,091 shares.The stock last traded at $93.53 and had previously closed at $92.87.

Invesco S&P 500 Pure Value ETF Price Performance

The stock has a 50 day moving average price of $92.67 and a two-hundred day moving average price of $89.50. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91.

Institutional Investors Weigh In On Invesco S&P 500 Pure Value ETF

A number of large investors have recently bought and sold shares of the company. Stifel Financial Corp lifted its holdings in Invesco S&P 500 Pure Value ETF by 7.4% during the third quarter. Stifel Financial Corp now owns 13,680 shares of the company’s stock valued at $1,216,000 after purchasing an additional 938 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Invesco S&P 500 Pure Value ETF in the second quarter worth about $698,000. SPC Financial Inc. raised its holdings in Invesco S&P 500 Pure Value ETF by 20.6% during the 3rd quarter. SPC Financial Inc. now owns 19,585 shares of the company’s stock valued at $1,741,000 after buying an additional 3,345 shares during the last quarter. Strategic Advocates LLC grew its position in shares of Invesco S&P 500 Pure Value ETF by 4.7% in the 3rd quarter. Strategic Advocates LLC now owns 240,238 shares of the company’s stock worth $21,362,000 after buying an additional 10,752 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Invesco S&P 500 Pure Value ETF by 27.0% during the third quarter. Private Advisor Group LLC now owns 16,158 shares of the company’s stock valued at $1,437,000 after buying an additional 3,431 shares during the period.

About Invesco S&P 500 Pure Value ETF

(Get Free Report)

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.