

New Wave Wealth Advisors LLC lowered its stake in Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) by 82.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 3,734 shares of the company's stock after selling 17,007 shares during the period. New Wave


Ayalon Insurance Comp Ltd. acquired a new position in shares of Invesco S&P 500 Pure Value ETF (NYSEARCA:RPV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,293 shares of the company's stock, valued at approximately $837,000.

The Invesco S&P 500 Pure Value ETF (RPV) made its debut on 03/01/2006, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Value category of the market.

The gap between value and growth stocks has significantly decreased this year, with Invesco's pure-style ETFs demonstrating just how much ground value has made up after trailing growth for some time now. The Invesco S&P 500 Pure Value ETF (RPV) has gained about 19.50% % year to date through August, according to ETF Database.


If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Invesco S&P 500 Pure Value ETF (RPV), a passively managed exchange traded fund launched on March 1, 2006.

Invesco S&P 500 Pure Value ETF offers a compelling 11.41x forward P/E and an improved 8.54% next-year EPS growth rate, both of which have supported a 20.38% YTD gain. Further gains to close the year are likely, and RPV's overweighting of Energy and Materials is appropriate, given my expectation of heightened commodity prices due to the Iran War. Still, quality issues persist. RPV's margins and capital efficiency ratios are well below those of broad-based value funds like SPYV as well as RPG, Invesco's S&P 500 Pure Growth ETF.