Cetera Investment Advisers cut its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) by 12.8% in the first quarter, Holdings Channel.com reports. The institutional investor owned 22,738 shares of the company’s stock after selling 3,346 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P 500 Pure Growth ETF were worth $870,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the first quarter valued at approximately $29,000. AE Wealth Management LLC raised its position in Invesco S&P 500 Pure Growth ETF by 162.2% during the first quarter. AE Wealth Management LLC now owns 2,389 shares of the company’s stock valued at $91,000 after purchasing an additional 1,478 shares during the period. NBC Securities Inc. raised its position in Invesco S&P 500 Pure Growth ETF by 117,550.0% during the first quarter. NBC Securities Inc. now owns 4,706 shares of the company’s stock valued at $180,000 after purchasing an additional 4,702 shares during the period. DAVENPORT & Co LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the first quarter valued at approximately $208,000. Finally, Wick Capital Partners LLC purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $213,000.
Invesco S&P 500 Pure Growth ETF Stock Performance
Shares of RPG stock opened at $46.88 on Thursday. Invesco S&P 500 Pure Growth ETF has a 52-week low of $32.16 and a 52-week high of $47.58. The firm has a market capitalization of $1.74 billion, a P/E ratio of 24.25 and a beta of 1.13. The stock has a 50 day moving average price of $45.59 and a 200 day moving average price of $42.34.
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.
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