Twelve Points Wealth Management LLC Sells 987 Shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV)

Twelve Points Wealth Management LLC reduced its position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,854 shares of the company’s stock after selling 987 shares during the period. Invesco S&P 500 Pure Value ETF comprises 0.8% of Twelve Points Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Twelve Points Wealth Management LLC owned approximately 0.13% of Invesco S&P 500 Pure Value ETF worth $2,874,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Matrix Trust Co acquired a new position in Invesco S&P 500 Pure Value ETF in the third quarter valued at approximately $44,000. Birch Capital Management LLC acquired a new position in Invesco S&P 500 Pure Value ETF during the 4th quarter valued at about $90,000. Centaurus Financial Inc. purchased a new stake in shares of Invesco S&P 500 Pure Value ETF in the third quarter worth approximately $194,000. Jim Saulnier & Associates LLC bought a new position in shares of Invesco S&P 500 Pure Value ETF in the third quarter valued at approximately $273,000. Finally, Savvy Advisors Inc. purchased a new position in shares of Invesco S&P 500 Pure Value ETF during the third quarter valued at approximately $276,000.

Invesco S&P 500 Pure Value ETF Stock Performance

Shares of RPV stock opened at $93.94 on Wednesday. The company has a market capitalization of $2.28 billion, a price-to-earnings ratio of 11.45 and a beta of 0.91. The company has a 50-day simple moving average of $92.69 and a two-hundred day simple moving average of $89.82. Invesco S&P 500 Pure Value ETF has a 52-week low of $80.19 and a 52-week high of $97.73.

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.