Invesco S&P MidCap 400 Pure Value ETF
RFV
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Mar 7, 2006
- CIK
- 0001208211
- Website
- invesco.com
- Similar Companies
- Business
- Invesco S&P MidCap 400 Pure Value ETF (RFV) is an exchange-traded fund that tracks the S&P MidCap 400 Pure Value Index, providing investors with targeted exposure to mid-cap U.S. equities exhibiting strong value characteristics as measured by book value-to-price, earnings-to-price, and sales-to-price ratios; securities demonstrating the strongest value traits receive proportionally greater weights within the index, which is rebalanced annually. The fund invests at least 90% of its total assets in securities comprising the index, focusing on fundamentally weighted value stocks primarily from the United States (approximately 94-99% allocation), with minor exposures to countries such as Britain, Ireland, Singapore, Canada, and Bermuda; top holdings as of late 2025 include HF Sinclair Corp (4.3%), Concentrix Corp (3.8%), TD SYNNEX Corp (3.3%), PBF Energy Inc (3.2%), and Cleveland-Cliffs Inc (3.1%), spanning sectors like energy, consumer cyclicals, and industrials. Launched on March 1, 2006, and domiciled in the United States with management by Invesco Capital Management LLC (now under Invesco Ltd., headquartered in Atlanta, Georgia), RFV maintains an expense ratio of 0.35%, quarterly distributions, and assets under management around $260-282 million as of mid-to-late 2025. The ETF targets institutional and retail investors seeking mid-cap value strategies within the U.S. equity market, categorized under small-to-mid cap value with approximately 84 holdings to mitigate company-specific risk; it exhibits a beta of about 1.10-1.16 and a standard deviation of 22% over three years, positioning it as a higher-risk option relative to broader mid-cap benchmarks. Invesco S&P MidCap 400 Pure Value ETF operates as part of Invesco Exchange-Traded Fund Trust, with no reported subsidiaries or parent funds specific to RFV, though it benefits from Invesco's broader ETF platform offering full holdings transparency, 1099 taxation, and options availability without derivatives or currency hedging. Recent portfolio adjustments reflect annual rebalancing and market dynamics, including increased weightings in holdings such as HF Sinclair Corp (up 1.05% allocation quarter-over-quarter), PBF Energy Inc (up 0.49%), and Cleveland-Cliffs Inc (up 0.47%) as of Q3 2025, alongside decreases in others like Associated Banc-Corp (down 8.70%); these shifts align with the index methodology emphasizing evolving value metrics rather than active trades. The fund has sustained steady performance with YTD returns of approximately 7.45% (NAV) through September 30, 2025, outperforming category averages, and recent ex-dividend dates including June 23, 2025, and December 23, 2024, supporting its quarterly payout structure amid ongoing monitoring of mid-cap value opportunities. No major strategic alliances, acquisitions, funding rounds, product launches, or operational reorganizations specific to RFV have been announced in the last 1-2 years, with focus remaining on passive index replication.