121,065 Shares in Invesco S&P 500 Pure Growth ETF $RPG Acquired by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. purchased a new position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 121,065 shares of the company’s stock, valued at approximately $7,067,000. Summit Wealth Group LLC Co. owned about 0.37% of Invesco S&P 500 Pure Growth ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the third quarter valued at $2,418,000. IMC Chicago LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 1st quarter worth about $456,000. Wealthcare Advisory Partners LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the 2nd quarter worth about $757,000. New England Private Wealth Advisors LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth about $32,745,000. Finally, Trinity Wealth Management LLC boosted its stake in Invesco S&P 500 Pure Growth ETF by 18.3% in the 2nd quarter. Trinity Wealth Management LLC now owns 169,218 shares of the company’s stock worth $10,805,000 after purchasing an additional 26,158 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG stock opened at $52.47 on Tuesday. Invesco S&P 500 Pure Growth ETF has a one year low of $43.41 and a one year high of $64.06. The company’s 50-day moving average is $56.95 and its 200 day moving average is $54.99. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21.

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.