Accredited Investors Inc. Sells 280 Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Accredited Investors Inc. cut its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,870 shares of the company’s stock after selling 280 shares during the quarter. Accredited Investors Inc.’s holdings in Invesco S&P 500 Pure Growth ETF were worth $201,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in RPG. LPL Financial LLC lifted its holdings in Invesco S&P 500 Pure Growth ETF by 0.5% during the 4th quarter. LPL Financial LLC now owns 1,094,473 shares of the company’s stock worth $45,158,000 after buying an additional 5,336 shares during the period. HighTower Advisors LLC lifted its stake in shares of Invesco S&P 500 Pure Growth ETF by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 683,614 shares of the company’s stock worth $28,206,000 after acquiring an additional 7,637 shares during the period. Raymond James Financial Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at approximately $25,957,000. One Capital Management LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at approximately $21,178,000. Finally, Commonwealth Equity Services LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 0.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 458,958 shares of the company’s stock worth $18,937,000 after buying an additional 3,451 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG stock opened at $36.24 on Friday. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $32.16 and a fifty-two week high of $45.11. The stock has a 50 day simple moving average of $40.27 and a two-hundred day simple moving average of $41.29. The company has a market cap of $1.37 billion, a P/E ratio of 22.02 and a beta of 1.17.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0287 per share. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01.

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.