Invesco S&P 500 Pure Growth ETF $RPG Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 18.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,000 shares of the company’s stock after selling 11,272 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco S&P 500 Pure Growth ETF were worth $2,386,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mather Group LLC. purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth approximately $29,000. Hantz Financial Services Inc. acquired a new position in Invesco S&P 500 Pure Growth ETF during the second quarter worth $50,000. AE Wealth Management LLC lifted its stake in Invesco S&P 500 Pure Growth ETF by 40.9% during the second quarter. AE Wealth Management LLC now owns 3,367 shares of the company’s stock worth $154,000 after purchasing an additional 978 shares in the last quarter. Octavia Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the third quarter worth $200,000. Finally, Accredited Investors Inc. acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at $201,000.

Invesco S&P 500 Pure Growth ETF Trading Up 0.1%

RPG stock opened at $50.23 on Friday. The business’s fifty day moving average price is $48.71 and its 200 day moving average price is $47.53. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.16 and a 12-month high of $50.50. The company has a market capitalization of $1.68 billion, a PE ratio of 24.25 and a beta of 1.16.

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. 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.