Invesco Russell 2000 Pure Growth ETF (NYSEARCA:PXSG) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $39.29 and traded as high as $40.20. Invesco Russell 2000 Pure Growth ETF shares last traded at $39.94, with a volume of 7,303 shares changing hands.

The company has a 50 day moving average of $39.31 and a 200 day moving average of $38.18.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in Invesco Russell 2000 Pure Growth ETF by 46.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 20,393 shares of the company’s stock worth $760,000 after purchasing an additional 6,458 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Invesco Russell 2000 Pure Growth ETF by 11.0% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 9,416 shares of the company’s stock worth $353,000 after purchasing an additional 931 shares during the last quarter. Royal Bank of Canada lifted its holdings in Invesco Russell 2000 Pure Growth ETF by 3.0% in the 2nd quarter. Royal Bank of Canada now owns 54,315 shares of the company’s stock worth $2,037,000 after purchasing an additional 1,591 shares during the last quarter. Ullmann Financial Group Inc. acquired a new stake in Invesco Russell 2000 Pure Growth ETF in the 3rd quarter worth approximately $231,000. Finally, Beacon Capital Management Inc. acquired a new stake in Invesco Russell 2000 Pure Growth ETF in the 4th quarter worth approximately $38,000.

About Invesco Russell 2000 Pure Growth ETF (NYSEARCA:PXSG)

PowerShares Dynamic Small Cap Growth Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Small Cap Growth Intellidex Index (the Index). The Index is designed to provide capital appreciation while maintaining exposure. The Style Intellidexes apply a 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe.

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