Centene is trading higher in extended hours following a period of positive sentiment regarding its status as a value-oriented investment. While the company recently garnered attention as the largest individual holding in the Invesco S&P 500 Pure Value ETF, which accounts for 2.66% of that fund's assets, there have been no major earnings or material filings released since the market close to account for the move. Peers such as Elevance Health and Molina Healthcare remained largely flat during the regular session, suggesting the current activity is specific to Centene rather than a broader sector trend.