Nvest Financial LLC Has $1.33 Million Stock Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Nvest Financial LLC lowered its holdings in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 42.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,117 shares of the company’s stock after selling 23,238 shares during the quarter. Nvest Financial LLC owned about 0.07% of Invesco S&P 500 Pure Growth ETF worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Gateway Wealth Partners LLC bought a new position in Invesco S&P 500 Pure Growth ETF during the second quarter valued at about $300,000. SPC Financial Inc. raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 1.9% in the 2nd quarter. SPC Financial Inc. now owns 32,410 shares of the company’s stock valued at $1,208,000 after acquiring an additional 600 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF in the 2nd quarter worth approximately $547,000. Affinity Capital Advisors LLC boosted its position in Invesco S&P 500 Pure Growth ETF by 47.2% during the third quarter. Affinity Capital Advisors LLC now owns 19,824 shares of the company’s stock worth $778,000 after purchasing an additional 6,355 shares during the period. Finally, Matrix Trust Co acquired a new position in Invesco S&P 500 Pure Growth ETF during the third quarter valued at approximately $117,000.

Invesco S&P 500 Pure Growth ETF Trading Up 1.8 %

Shares of Invesco S&P 500 Pure Growth ETF stock opened at $43.50 on Wednesday. The firm has a fifty day simple moving average of $42.74 and a 200-day simple moving average of $39.95. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 1-year low of $32.44 and a 1-year high of $44.61.

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.