NewEdge Advisors LLC Purchases 29,355 Shares of Invesco S&P MidCap 400 Pure Growth ETF $RFG

NewEdge Advisors LLC grew its position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 4,516.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,005 shares of the company’s stock after purchasing an additional 29,355 shares during the quarter. NewEdge Advisors LLC’s holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $1,936,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ameritas Advisory Services LLC grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 22.5% during the second quarter. Ameritas Advisory Services LLC now owns 54,494 shares of the company’s stock valued at $3,516,000 after acquiring an additional 10,013 shares during the last quarter. Fortitude Advisory Group L.L.C. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 2nd quarter valued at $213,000. Ballast Advisors LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter valued at $36,000. Robinswood Financial LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter valued at $42,000. Finally, Royal Bank of Canada grew its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 26.7% during the 1st quarter. Royal Bank of Canada now owns 28,127 shares of the company’s stock valued at $1,542,000 after purchasing an additional 5,921 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Trading Down 0.1%

Shares of NYSEARCA:RFG opened at $58.94 on Friday. The stock’s 50-day moving average price is $60.97 and its 200-day moving average price is $60.33. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $49.50 and a 12-month high of $64.81. The stock has a market capitalization of $300.00 million, a P/E ratio of 20.52 and a beta of 1.12.

Invesco S&P MidCap 400 Pure Growth ETF Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. 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.