Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Hits New 1-Year High – Here’s What Happened

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPGGet Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as $49.87 and last traded at $49.72, with a volume of 67171 shares. The stock had previously closed at $49.23.

Invesco S&P 500 Pure Growth ETF Trading Up 0.1%

The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 24.25 and a beta of 1.16. The stock has a 50-day moving average of $47.49 and a 200-day moving average of $47.17.

Hedge Funds Weigh In On Invesco S&P 500 Pure Growth ETF

Institutional investors have recently modified their holdings of the company. Founders Financial Alliance LLC lifted its position in Invesco S&P 500 Pure Growth ETF by 354.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock valued at $25,000 after purchasing an additional 401 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at approximately $29,000. Financial Life Planners bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the third quarter valued at approximately $45,000. Aventura Private Wealth LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter worth approximately $47,000. Finally, Hantz Financial Services Inc. bought a new position in Invesco S&P 500 Pure Growth ETF in the 2nd quarter worth approximately $50,000.

Invesco S&P 500 Pure Growth ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco S&P 500 Pure Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Pure Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.