Raymond James Financial Inc. Acquires New Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 629,100 shares of the company’s stock, valued at approximately $25,957,000. Raymond James Financial Inc. owned about 1.43% of Invesco S&P 500 Pure Growth ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RPG. Financial Life Planners purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at approximately $39,000. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at approximately $178,000. Leisure Capital Management purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at approximately $206,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at approximately $210,000. Finally, BankPlus Trust Department purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at approximately $230,000.

Invesco S&P 500 Pure Growth ETF Trading Up 3.2 %

RPG opened at $38.53 on Friday. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $45.11. The firm has a market capitalization of $1.50 billion, a PE ratio of 22.43 and a beta of 1.17. The firm has a 50 day moving average of $42.50 and a two-hundred day moving average of $41.26.

Invesco S&P 500 Pure Growth ETF Company Profile

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.