May Hill Capital LLC reduced its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) by 50.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,400 shares of the company’s stock after selling 10,401 shares during the quarter. May Hill Capital LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $496,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RPG. Concurrent Investment Advisors LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 2nd quarter valued at approximately $211,000. CWM LLC raised its position in Invesco S&P 500 Pure Growth ETF by 6.8% during the second quarter. CWM LLC now owns 32,816 shares of the company’s stock valued at $1,502,000 after acquiring an additional 2,090 shares in the last quarter. Gimbal Financial acquired a new stake in Invesco S&P 500 Pure Growth ETF in the second quarter valued at approximately $16,009,000. Capital Investment Counsel LLC bought a new stake in Invesco S&P 500 Pure Growth ETF in the second quarter worth approximately $261,000. Finally, Arkadios Wealth Advisors grew its position in Invesco S&P 500 Pure Growth ETF by 4.0% in the second quarter. Arkadios Wealth Advisors now owns 232,882 shares of the company’s stock worth $10,659,000 after acquiring an additional 8,891 shares in the last quarter.
Invesco S&P 500 Pure Growth ETF Trading Down 0.1%
Invesco S&P 500 Pure Growth ETF stock opened at $49.33 on Wednesday. The company has a market capitalization of $1.65 billion, a P/E ratio of 24.25 and a beta of 1.16. The firm’s fifty day simple moving average is $48.28 and its 200-day simple moving average is $47.38. Invesco S&P 500 Pure Growth ETF has a 1-year low of $32.16 and a 1-year high of $50.38.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Pure Growth ETF
- Energy Security Is Now National Security – Positioning Is Happening Now
- Why Q4 Could Destroy Your Wealth
- Gold Is About to Do Something It Hasn’t in 90 Years
- 3 Signs You May Want to Switch Financial Advisors
- When to buy gold (mathematically)
Want to see what other hedge funds are holding RPG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report).
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.
