Shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG – Get Free Report) were down 2% during mid-day trading on Friday. The company traded as low as $57.20 and last traded at $57.36. Approximately 14,650 shares were traded during trading, an increase of 52% from the average daily volume of 9,622 shares. The stock had previously closed at $58.52.
Invesco S&P MidCap 400 Pure Growth ETF Stock Performance
The firm has a fifty day moving average price of $60.53 and a 200 day moving average price of $60.83. The firm has a market capitalization of $319.50 million, a price-to-earnings ratio of 20.52 and a beta of 1.13.
Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Growth ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Evolution Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 1st quarter worth $27,000. Ballast Advisors LLC purchased a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter valued at about $36,000. Robinswood Financial LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at about $42,000. Toth Financial Advisory Corp acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the third quarter valued at about $44,000. Finally, Horizons Wealth Management purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth about $77,000.
About Invesco S&P MidCap 400 Pure Growth ETF
Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.
Further Reading
- Five stocks we like better than Invesco S&P MidCap 400 Pure Growth ETF
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Invesco S&P MidCap 400 Pure Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap 400 Pure Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg){kind=logo}