Marquette Asset Management LLC purchased a new position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 692,817 shares of the company’s stock, valued at approximately $40,440,000. Invesco S&P 500 Pure Growth ETF makes up approximately 5.3% of Marquette Asset Management LLC’s portfolio, making the stock its 7th largest position.
Other hedge funds have also recently added to or reduced their stakes in the company. Galvin Gaustad & Stein LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the third quarter worth approximately $352,000. Farther Finance Advisors LLC acquired a new position in Invesco S&P 500 Pure Growth ETF during the third quarter worth $335,000. Investors Research Corp acquired a new position in Invesco S&P 500 Pure Growth ETF during the third quarter worth $787,000. Rockland Trust Co. bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at $384,000. Finally, Fulcrum Equity Management acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the second quarter valued at about $318,000.
Invesco S&P 500 Pure Growth ETF Price Performance
RPG opened at $59.69 on Friday. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $43.41 and a fifty-two week high of $64.06. The firm has a market capitalization of $1.96 billion, a PE ratio of 24.25 and a beta of 1.21. The company’s 50-day moving average is $58.15 and its 200 day moving average is $57.00.
About Invesco S&P 500 Pure Growth ETF
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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