Financial Security Advisor Inc. Has $29.16 Million Stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Financial Security Advisor Inc. trimmed its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 2.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 742,637 shares of the company’s stock after selling 16,059 shares during the period. Invesco S&P 500 Pure Growth ETF makes up 7.3% of Financial Security Advisor Inc.’s investment portfolio, making the stock its 3rd largest holding. Financial Security Advisor Inc. owned 1.69% of Invesco S&P 500 Pure Growth ETF worth $29,163,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RPG. Jane Street Group LLC lifted its stake in shares of Invesco S&P 500 Pure Growth ETF by 795.0% in the 1st quarter. Jane Street Group LLC now owns 148,341 shares of the company’s stock worth $5,447,000 after purchasing an additional 131,767 shares during the period. Commonwealth Financial Services LLC boosted its stake in shares of Invesco S&P 500 Pure Growth ETF by 109.6% during the 2nd quarter. Commonwealth Financial Services LLC now owns 129,218 shares of the company’s stock worth $4,904,000 after acquiring an additional 67,564 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P 500 Pure Growth ETF by 5.8% during the 2nd quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock valued at $43,231,000 after acquiring an additional 63,101 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Invesco S&P 500 Pure Growth ETF by 12.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 546,909 shares of the company’s stock worth $20,378,000 after purchasing an additional 59,645 shares in the last quarter. Finally, Fiducient Advisors LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the 1st quarter worth $1,138,000.

Invesco S&P 500 Pure Growth ETF Stock Performance

NYSEARCA RPG opened at $40.05 on Wednesday. The business’s fifty day moving average is $38.96 and its 200 day moving average is $37.23. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $29.53 and a fifty-two week high of $41.31. The company has a market capitalization of $1.76 billion, a PE ratio of 2.66 and a beta of 1.05.

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.