Cutler Investment Counsel LLC Sells 12,959 Shares of Invesco S&P 500 Pure Growth ETF $RPG

Cutler Investment Counsel LLC decreased its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 218,806 shares of the company’s stock after selling 12,959 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $10,213,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. raised its holdings in Invesco S&P 500 Pure Growth ETF by 4.9% in the fourth quarter. Principal Securities Inc. now owns 12,438 shares of the company’s stock worth $581,000 after purchasing an additional 577 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 13.4% during the fourth quarter. JPMorgan Chase & Co. now owns 326,936 shares of the company’s stock valued at $15,260,000 after acquiring an additional 38,527 shares in the last quarter. Lowe Brockenbrough & Co. Inc. increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 4.8% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 7,062 shares of the company’s stock valued at $330,000 after acquiring an additional 325 shares in the last quarter. First Command Advisory Services Inc. bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at $54,000. Finally, Lido Advisors LLC increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.8% during the fourth quarter. Lido Advisors LLC now owns 13,546 shares of the company’s stock valued at $646,000 after acquiring an additional 242 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

Shares of NYSEARCA:RPG opened at $60.10 on Friday. Invesco S&P 500 Pure Growth ETF has a 1-year low of $42.84 and a 1-year high of $61.69. The business has a fifty day moving average price of $55.43 and a 200-day moving average price of $50.64. The company has a market capitalization of $2.09 billion, a PE ratio of 24.25 and a beta of 1.22.

Invesco S&P 500 Pure Growth ETF Company 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.