NewEdge Wealth LLC Has $3.26 Million Stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

NewEdge Wealth LLC trimmed its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,920 shares of the company’s stock after selling 3,095 shares during the period. NewEdge Wealth LLC owned about 0.18% of Invesco S&P 500 Pure Growth ETF worth $3,256,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BNP Paribas Financial Markets increased its stake in Invesco S&P 500 Pure Growth ETF by 145.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock valued at $10,293,000 after buying an additional 155,112 shares during the last quarter. Matrix Trust Co increased its stake in Invesco S&P 500 Pure Growth ETF by 557.3% in the 4th quarter. Matrix Trust Co now owns 19,601 shares of the company’s stock valued at $809,000 after buying an additional 16,619 shares during the last quarter. World Investment Advisors LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 24.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,394 shares of the company’s stock valued at $290,000 after buying an additional 1,448 shares during the last quarter. Delos Wealth Advisors LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 7.4% in the 3rd quarter. Delos Wealth Advisors LLC now owns 49,832 shares of the company’s stock valued at $1,957,000 after buying an additional 3,447 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 61.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,192 shares of the company’s stock valued at $1,080,000 after buying an additional 9,556 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Up 1.4 %

Shares of RPG stock opened at $42.08 on Friday. The firm’s fifty day moving average price is $43.08 and its two-hundred day moving average price is $41.11. Invesco S&P 500 Pure Growth ETF has a 1 year low of $32.44 and a 1 year high of $45.11. The firm has a market capitalization of $1.71 billion, a P/E ratio of 25.30 and a beta of 1.15.

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.