Cambridge Investment Research Advisors Inc. Sells 2,962 Shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Cambridge Investment Research Advisors Inc. cut its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 9.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,226 shares of the company’s stock after selling 2,962 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.44% of Invesco S&P MidCap 400 Pure Growth ETF worth $1,193,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wells Fargo & Company MN grew its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 49.9% in the fourth quarter. Wells Fargo & Company MN now owns 71,363 shares of the company’s stock worth $3,455,000 after purchasing an additional 23,755 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter valued at approximately $1,140,000. Arrow Investment Advisors LLC bought a new position in Invesco S&P MidCap 400 Pure Growth ETF during the 1st quarter worth approximately $776,000. Cornerstone Financial Group LLC NE acquired a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth approximately $669,000. Finally, Vista Investment Partners LLC bought a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter valued at $426,000.

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

RFG stock opened at $49.60 on Friday. The firm has a market cap of $294.13 million, a price-to-earnings ratio of 20.10 and a beta of 1.17. The company’s fifty day simple moving average is $47.53 and its 200 day simple moving average is $47.01. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $37.89 and a 12-month high of $53.78.

Invesco S&P MidCap 400 Pure Growth ETF 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.