Parallel Advisors LLC Makes New Investment in Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV)

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Parallel Advisors LLC purchased a new position in Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV) during the third quarter, Holdings Channel reports. The fund purchased 8,525 shares of the company’s stock, valued at approximately $260,000.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC purchased a new position in shares of Invesco Russell 2000 Pure Value ETF during the second quarter valued at approximately $219,000. Wells Fargo & Company MN increased its stake in shares of Invesco Russell 2000 Pure Value ETF by 1.3% during the second quarter. Wells Fargo & Company MN now owns 54,160 shares of the company’s stock valued at $1,588,000 after buying an additional 700 shares during the period. Susquehanna International Group LLP increased its stake in shares of Invesco Russell 2000 Pure Value ETF by 61.5% during the second quarter. Susquehanna International Group LLP now owns 47,333 shares of the company’s stock valued at $1,388,000 after buying an additional 18,022 shares during the period. Cardan Capital Partners LLC increased its stake in shares of Invesco Russell 2000 Pure Value ETF by 5.1% during the second quarter. Cardan Capital Partners LLC now owns 306,670 shares of the company’s stock valued at $8,994,000 after buying an additional 14,940 shares during the period. Finally, Morgan Stanley increased its stake in shares of Invesco Russell 2000 Pure Value ETF by 5.5% during the second quarter. Morgan Stanley now owns 45,049 shares of the company’s stock valued at $1,321,000 after buying an additional 2,350 shares during the period.

Shares of PXSV remained flat at $$28.96 during mid-day trading on Friday. The stock had a trading volume of 7,332 shares, compared to its average volume of 5,373. Invesco Russell 2000 Pure Value ETF has a 52-week low of $25.20 and a 52-week high of $33.62. The business has a 50-day simple moving average of $28.96 and a 200-day simple moving average of $29.12.

Invesco Russell 2000 Pure Value ETF Profile

PowerShares Fundamental Pure Small Value Portfolio (the Fund), formerly PowerShares Dynamic Small Cap Value Portfolio, is based on the RAFI Fundamental Small Value Index (Index). The Fund focuses to invest at least 90% of its total assets in the securities that comprise the Index. The Index is consisted of common stocks of small value the United States companies, including real estate investment trusts (REITs), from a universe consisted of the 2,500 the United States companies.

Further Reading: Fundamental Analysis

Want to see what other hedge funds are holding PXSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV).

Institutional Ownership by Quarter for Invesco Russell 2000 Pure Value ETF (NYSEARCA:PXSV)

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