Cambridge Investment Research Advisors Inc. Has $1.19 Million Stock Position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Cambridge Investment Research Advisors Inc. trimmed its position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 9.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 27,226 shares of the company’s stock after selling 2,962 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $1,193,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 71.6% in the 4th quarter. JPMorgan Chase & Co. now owns 858 shares of the company’s stock worth $42,000 after acquiring an additional 358 shares in the last quarter. Topsail Wealth Management LLC bought a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the fourth quarter worth $36,000. Tower Research Capital LLC TRC boosted its position in Invesco S&P MidCap 400 Pure Growth ETF by 23.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,097 shares of the company’s stock worth $198,000 after purchasing an additional 768 shares during the last quarter. American Institute for Advanced Investment Management LLP grew its stake in Invesco S&P MidCap 400 Pure Growth ETF by 17.8% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 6,462 shares of the company’s stock valued at $283,000 after purchasing an additional 977 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 10.7% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 16,748 shares of the company’s stock valued at $811,000 after purchasing an additional 1,623 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

RFG opened at $49.60 on Friday. The firm has a market cap of $294.13 million, a P/E ratio of 20.10 and a beta of 1.17. Invesco S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $37.89 and a fifty-two week high of $53.78. The firm has a 50-day moving average of $47.53 and a 200 day moving average of $47.01.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.