Cutler Investment Counsel LLC Has $9.63 Million Stock Holdings in 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 5.9% during the first quarter, HoldingsChannel reports. The firm owned 205,947 shares of the company’s stock after selling 12,859 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $9,626,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 0.8% during the 3rd quarter. Bank of America Corp DE now owns 938,500 shares of the company’s stock worth $44,785,000 after buying an additional 7,423 shares during the period. Raymond James Financial Inc. raised its holdings in Invesco S&P 500 Pure Growth ETF by 1.9% in the 3rd quarter. Raymond James Financial Inc. now owns 662,814 shares of the company’s stock worth $31,629,000 after acquiring an additional 12,250 shares during the period. UBS Group AG raised its holdings in Invesco S&P 500 Pure Growth ETF by 25.9% in the 4th quarter. UBS Group AG now owns 552,437 shares of the company’s stock worth $25,785,000 after acquiring an additional 113,711 shares during the period. JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Pure Growth ETF by 13.4% during the 4th quarter. JPMorgan Chase & Co. now owns 326,936 shares of the company’s stock worth $15,260,000 after acquiring an additional 38,527 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in Invesco S&P 500 Pure Growth ETF by 6.0% during the 4th quarter. Arkadios Wealth Advisors now owns 255,476 shares of the company’s stock worth $11,924,000 after acquiring an additional 14,465 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

RPG stock opened at $56.64 on Tuesday. Invesco S&P 500 Pure Growth ETF has a 52-week low of $43.41 and a 52-week high of $64.06. The company has a 50-day moving average of $59.66 and a two-hundred day moving average of $53.29. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21.

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.