Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Stock Price Down 0.6%

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) shares traded down 0.6% during trading on Monday . The stock traded as low as $46.20 and last traded at $46.23. 11,429 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 33,722 shares. The stock had previously closed at $46.53.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

The firm has a fifty day simple moving average of $48.67 and a 200 day simple moving average of $48.04. The company has a market capitalization of $331.48 million, a price-to-earnings ratio of 2.59 and a beta of 1.10.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

Institutional investors have recently added to or reduced their stakes in the stock. Valley National Advisers Inc. purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF during the first quarter worth approximately $27,000. Wetzel Investment Advisors Inc. purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter valued at $37,000. Toth Financial Advisory Corp purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at $38,000. Greenleaf Trust purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at $93,000. Finally, RMR Wealth Builders purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at $202,000.

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.