Steinberganna Wealth Management Purchases Shares of 15,518 Invesco S&P 500 Pure Growth ETF $RPG

Steinberganna Wealth Management purchased a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,518 shares of the company’s stock, valued at approximately $741,000.

A number of other hedge funds also recently made changes to their positions in RPG. Commonwealth Equity Services LLC boosted its holdings in Invesco S&P 500 Pure Growth ETF by 7.5% in the third quarter. Commonwealth Equity Services LLC now owns 361,454 shares of the company’s stock valued at $17,249,000 after acquiring an additional 25,208 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Invesco S&P 500 Pure Growth ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 356,395 shares of the company’s stock worth $13,632,000 after purchasing an additional 27,996 shares during the period. Creative Planning boosted its stake in shares of Invesco S&P 500 Pure Growth ETF by 2.8% in the 2nd quarter. Creative Planning now owns 350,189 shares of the company’s stock valued at $16,028,000 after purchasing an additional 9,654 shares during the last quarter. Gimbal Financial acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the second quarter worth $16,009,000. Finally, JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Pure Growth ETF by 64.0% during the second quarter. JPMorgan Chase & Co. now owns 347,785 shares of the company’s stock worth $15,918,000 after buying an additional 135,771 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Down 1.3%

RPG stock opened at $47.80 on Friday. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 24.25 and a beta of 1.16. The company’s fifty day simple moving average is $46.58 and its 200 day simple moving average is $46.81. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.16 and a 12-month high of $48.78.

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.