Invesco S&P 500 Pure Growth ETF $RPG is Trinity Wealth Management LLC’s 10th Largest Position

Trinity Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 18.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 169,218 shares of the company’s stock after acquiring an additional 26,158 shares during the period. Invesco S&P 500 Pure Growth ETF makes up about 3.4% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $10,805,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at $29,000. Arax Advisory Partners bought a new stake in Invesco S&P 500 Pure Growth ETF during the fourth quarter worth about $39,000. Financial Life Planners purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 1st quarter worth about $44,000. First Command Advisory Services Inc. purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth about $54,000. Finally, Ascentis Independent Advisors bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 1st quarter valued at about $108,000.

Invesco S&P 500 Pure Growth ETF Trading Down 0.6%

Shares of NYSEARCA RPG opened at $58.71 on Thursday. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a 1-year low of $43.41 and a 1-year high of $64.06. The stock’s 50-day moving average is $59.51 and its 200 day moving average is $54.03.

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.