WCG Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund bought 14,175 shares of the company’s stock, valued at approximately $662,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Founders Financial Alliance LLC grew its holdings in shares of Invesco S&P 500 Pure Growth ETF by 354.9% during the third quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock worth $25,000 after buying an additional 401 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $29,000. Financial Life Planners purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $45,000. Aventura Private Wealth LLC acquired a new position in Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $47,000. Finally, Bessemer Group Inc. acquired a new position in Invesco S&P 500 Pure Growth ETF during the third quarter valued at approximately $58,000.
Invesco S&P 500 Pure Growth ETF Stock Down 4.9%
Shares of RPG stock opened at $57.77 on Friday. The firm’s 50 day moving average price is $54.41 and its two-hundred day moving average price is $50.21. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $42.84 and a fifty-two week high of $61.69. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 24.25 and a beta of 1.22.
Invesco S&P 500 Pure Growth ETF Profile
Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). 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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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Want to see what other hedge funds are holding RPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report).
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