Envestnet Asset Management Inc. Lowers Holdings in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Envestnet Asset Management Inc. decreased its position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 14.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,789 shares of the company’s stock after selling 3,335 shares during the period. Envestnet Asset Management Inc. owned approximately 0.28% of Invesco S&P MidCap 400 Pure Growth ETF worth $958,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 71.6% during the fourth quarter. JPMorgan Chase & Co. now owns 858 shares of the company’s stock valued at $42,000 after buying an additional 358 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Invesco S&P MidCap 400 Pure Growth ETF by 675.0% in the 4th quarter. Jones Financial Companies Lllp now owns 2,170 shares of the company’s stock valued at $105,000 after acquiring an additional 1,890 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter valued at $236,000. Corient Private Wealth LLC bought a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth $258,000. Finally, Genesis Wealth Advisors LLC purchased a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter worth $270,000.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

Shares of NYSEARCA:RFG opened at $44.72 on Friday. Invesco S&P MidCap 400 Pure Growth ETF has a 1 year low of $37.89 and a 1 year high of $53.78. The company has a market cap of $279.50 million, a P/E ratio of 18.64 and a beta of 1.15. The stock’s fifty day moving average price is $43.77 and its 200-day moving average price is $47.96.

About Invesco S&P MidCap 400 Pure Growth ETF

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.