5 Best Value ETFs To Invest In

4. Invesco S&P 500 Pure Value ETF (NYSE:RPV)

Invesco S&P 500 Pure Value ETF (NYSE:RPV) is an exchange traded fund that invests at least 90% of its total assets in the securities of the S&P 500 Pure Value Index while tracking the performance of the index. Approximately 30.44% of the fund’s total assets are concentrated around the financial services sector.

Marathon Petroleum Corporation (NYSE:MPC), a top holding of the ETF, is the largest refiner of crude oil in the United States. It deals in the transportation and marketing of petroleum products in the nation and internationally. BMO Capital analyst Phillip Jungwirth initiated coverage of Marathon Petroleum Corporation (NYSE:MPC) with an Outperform rating and $135 price target on June 13. The analyst is positive on the company’s leading share buyback program, which he expects to have increasing sustainability given its “robust free cash flow profile” in 2022 and 2023. Jungwirth adds that Marathon Petroleum Corporation (NYSE:MPC) shares “still look inexpensive”.

Insider Monkey found 43 hedge funds long Marathon Petroleum Corporation (NYSE:MPC) at the close of Q1 2022. The total stakes of these hedge funds were valued at $2.51 billion. This is compared to 41 positions in the previous quarter with stakes of $2.22 billion. As of March 31, Elliott Management is the top stakeholder in Marathon Petroleum Corporation (NYSE:MPC) with stakes of $946.05 million.

Clark Street Value, an investment management firm, mentioned Marathon Petroleum Corporation (NYSE:MPC) in its Q4 2021 investor letter, stating:

“During the worst of covid, I bought some LEAPs on Marathon Petroleum (MPC) as a proxy for Par Pacific (PARR) since long dated options weren’t available on the later.  Those MPC calls expire next month and I’ll take profits, with PARR I’ve reduced my position throughout the year and might sell the rest early next year, I’ve owned it for 6-7 years and it has gone nowhere, they haven’t touched the NOLs, just a difficult business that I probably don’t understand as well as I should.”