International Assets Investment Management LLC Lowers Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

International Assets Investment Management LLC cut its holdings in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 75.2% in the 4th quarter, HoldingsChannel reports. The firm owned 20,025 shares of the company’s stock after selling 60,711 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in RPG. Invesco Ltd. raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 389.9% during the 3rd quarter. Invesco Ltd. now owns 7,905,581 shares of the company’s stock worth $238,353,000 after purchasing an additional 6,291,778 shares during the period. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 449.2% during the 3rd quarter. LPL Financial LLC now owns 1,266,815 shares of the company’s stock worth $38,194,000 after purchasing an additional 1,036,144 shares during the period. Financial Security Advisor Inc. bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth $26,315,000. HighTower Advisors LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 445.5% during the 3rd quarter. HighTower Advisors LLC now owns 814,242 shares of the company’s stock worth $24,559,000 after purchasing an additional 664,973 shares during the period. Finally, Marquette Asset Management LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 375.5% during the 3rd quarter. Marquette Asset Management LLC now owns 798,936 shares of the company’s stock worth $24,088,000 after purchasing an additional 630,918 shares during the period.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA RPG opened at $34.50 on Thursday. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 2.74 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a one year low of $28.52 and a one year high of $37.14. The business’s fifty day moving average is $35.66 and its 200-day moving average is $32.95.

Invesco S&P 500 Pure Growth ETF 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.