Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV) Shares Down 1% – What’s Next?

by · The Cerbat Gem

Shares of Invesco S&P MidCap 400 Pure Value ETF (NYSEARCA:RFV – Get Free Report) traded down 1% on Monday . The stock traded as low as $145.22 and last traded at $145.22. 2,309 shares traded hands during trading, a decline of 64% from the average daily volume of 6,476 shares. The stock had previously closed at $146.76.

Invesco S&P MidCap 400 Pure Value ETF Price Performance

The stock has a fifty day simple moving average of $149.52 and a 200-day simple moving average of $141.54. The company has a market capitalization of $325.29 million, a price-to-earnings ratio of 10.99 and a beta of 1.05.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Pure Value ETF

Several large investors have recently made changes to their positions in RFV. Carlson Financial Inc. purchased a new stake in Invesco S&P MidCap 400 Pure Value ETF during the second quarter worth $209,000. Independent Financial Group LLC purchased a new position in Invesco S&P MidCap 400 Pure Value ETF in the first quarter valued at $294,000. CoreCap Advisors LLC raised its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 3.5% in the second quarter. CoreCap Advisors LLC now owns 2,281 shares of the company’s stock worth $326,000 after acquiring an additional 77 shares during the period. Kelman Lazarov Inc. acquired a new position in Invesco S&P MidCap 400 Pure Value ETF in the 1st quarter worth about $312,000. Finally, Unified Investment Management lifted its position in shares of Invesco S&P MidCap 400 Pure Value ETF by 3.7% during the 4th quarter. Unified Investment Management now owns 3,688 shares of the company’s stock valued at $471,000 after buying an additional 131 shares in the last quarter.

About Invesco S&P MidCap 400 Pure Value ETF

(Get Free Report)

The Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that is based on the S&P Mid Cap 400 Pure Value index. The fund tracks a fundamentally weighted index of US-listed value companies. RFV was launched on Mar 1, 2006 and is managed by Invesco.

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