Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 38.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,748 shares of the company’s stock after purchasing an additional 4,073 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.23% of Invesco S&P MidCap 400 Pure Growth ETF worth $714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC increased its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 308,005 shares of the company’s stock valued at $14,913,000 after purchasing an additional 6,774 shares during the last quarter. Marshall Investment Management LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the fourth quarter worth $4,827,000. Wells Fargo & Company MN increased its stake in Invesco S&P MidCap 400 Pure Growth ETF by 49.9% during the fourth quarter. Wells Fargo & Company MN now owns 71,363 shares of the company’s stock worth $3,455,000 after acquiring an additional 23,755 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco S&P MidCap 400 Pure Growth ETF by 4.0% during the fourth quarter. Bank of America Corp DE now owns 54,852 shares of the company’s stock worth $2,656,000 after acquiring an additional 2,089 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Invesco S&P MidCap 400 Pure Growth ETF by 3.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 52,642 shares of the company’s stock worth $2,549,000 after acquiring an additional 1,795 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 0.8%

RFG stock opened at $48.35 on Wednesday. The business has a fifty day moving average of $45.18 and a two-hundred day moving average of $47.47. The stock has a market cap of $289.62 million, a price-to-earnings ratio of 20.06 and a beta of 1.11. Invesco S&P MidCap 400 Pure Growth ETF has a 52-week low of $37.89 and a 52-week high of $53.78.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

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.