Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Shares Acquired by Valley National Advisers Inc.

Valley National Advisers Inc. increased its stake in Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) by 97.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,035 shares of the company’s stock after purchasing an additional 510 shares during the period. Valley National Advisers Inc.’s holdings in Invesco S&P SmallCap 600 Pure Value ETF were worth $113,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Matrix Trust Co acquired a new position in Invesco S&P SmallCap 600 Pure Value ETF during the 3rd quarter valued at about $29,000. Choate Investment Advisors acquired a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the first quarter worth approximately $296,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P SmallCap 600 Pure Value ETF by 9.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,191 shares of the company’s stock worth $317,000 after buying an additional 271 shares in the last quarter. Burke & Herbert Bank & Trust Co. acquired a new stake in Invesco S&P SmallCap 600 Pure Value ETF in the 2nd quarter valued at approximately $362,000. Finally, Smallwood Wealth Investment Management LLC bought a new stake in Invesco S&P SmallCap 600 Pure Value ETF during the 2nd quarter valued at $390,000.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

NYSEARCA:RZV opened at $108.65 on Tuesday. The stock has a market cap of $243.38 million, a price-to-earnings ratio of 9.58 and a beta of 1.32. Invesco S&P SmallCap 600 Pure Value ETF has a 1 year low of $83.91 and a 1 year high of $114.47. The business has a fifty day moving average of $107.41 and a 200-day moving average of $104.33.

Invesco S&P SmallCap 600 Pure Value ETF Profile

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.