LPL Financial LLC Sells 106,364 Shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

LPL Financial LLC trimmed its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 34.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 201,641 shares of the company’s stock after selling 106,364 shares during the period. LPL Financial LLC owned approximately 3.23% of Invesco S&P MidCap 400 Pure Growth ETF worth $8,838,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of RFG. JPMorgan Chase & Co. lifted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 71.6% in the 4th quarter. JPMorgan Chase & Co. now owns 858 shares of the company’s stock worth $42,000 after purchasing an additional 358 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 2.5% in the 1st quarter. Stephens Inc. AR now owns 23,420 shares of the company’s stock worth $1,026,000 after purchasing an additional 565 shares in the last quarter. Topsail Wealth Management LLC bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth $36,000. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 23.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 4,097 shares of the company’s stock worth $198,000 after purchasing an additional 768 shares in the last quarter. Finally, American Institute for Advanced Investment Management LLP lifted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 17.8% in the 1st quarter. American Institute for Advanced Investment Management LLP now owns 6,462 shares of the company’s stock worth $283,000 after purchasing an additional 977 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 0.1%

Shares of RFG opened at $49.56 on Friday. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $37.89 and a 12-month high of $53.78. The business’s fifty day moving average is $49.19 and its 200 day moving average is $47.11. The stock has a market cap of $293.40 million, a P/E ratio of 20.52 and a beta of 1.17.

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.