Invesco S&P 500 Pure Growth ETF $RPG Stock Position Lowered by HighTower Advisors LLC

HighTower Advisors LLC decreased its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 639,952 shares of the company’s stock after selling 21,457 shares during the period. HighTower Advisors LLC owned about 1.80% of Invesco S&P 500 Pure Growth ETF worth $30,538,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter worth $29,000. Hantz Financial Services Inc. purchased a new stake in Invesco S&P 500 Pure Growth ETF in the 2nd quarter worth about $50,000. Bessemer Group Inc. acquired a new stake in Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $58,000. Assetmark Inc. boosted its position in Invesco S&P 500 Pure Growth ETF by 21.6% during the 3rd quarter. Assetmark Inc. now owns 2,215 shares of the company’s stock worth $106,000 after acquiring an additional 393 shares during the period. Finally, AE Wealth Management LLC grew its stake in Invesco S&P 500 Pure Growth ETF by 40.9% during the 2nd quarter. AE Wealth Management LLC now owns 3,367 shares of the company’s stock valued at $154,000 after acquiring an additional 978 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA RPG opened at $49.69 on Thursday. The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 24.25 and a beta of 1.16. The company has a 50 day simple moving average of $48.33 and a 200-day simple moving average of $47.40. Invesco S&P 500 Pure Growth ETF has a 52-week low of $32.16 and a 52-week 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.