Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Sets New 1-Year High – What’s Next?

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPGGet Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $42.67 and last traded at $42.66, with a volume of 324904 shares. The stock had previously closed at $41.89.

Invesco S&P 500 Pure Growth ETF Trading Up 0.7 %

The company’s fifty day moving average is $40.34 and its 200-day moving average is $37.87. The firm has a market capitalization of $1.89 billion, a P/E ratio of 2.66 and a beta of 1.05.

Hedge Funds Weigh In On Invesco S&P 500 Pure Growth ETF

Several large investors have recently made changes to their positions in the business. LPL Financial LLC increased its position in Invesco S&P 500 Pure Growth ETF by 5.8% in the 2nd quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock worth $43,231,000 after buying an additional 63,101 shares during the period. Matrix Trust Co acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter worth $117,000. Essex Financial Services Inc. increased its position in Invesco S&P 500 Pure Growth ETF by 1.4% during the second quarter. Essex Financial Services Inc. now owns 29,617 shares of the company’s stock worth $1,104,000 after acquiring an additional 416 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 34.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,375 shares of the company’s stock valued at $275,000 after purchasing an additional 1,904 shares during the last quarter. Finally, Twelve Points Wealth Management LLC boosted its holdings in Invesco S&P 500 Pure Growth ETF by 3.4% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 152,648 shares of the company’s stock valued at $5,994,000 after purchasing an additional 5,043 shares during the period.

Invesco S&P 500 Pure Growth ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco S&P 500 Pure Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Pure Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.