Twelve Points Wealth Management LLC Sells 134,887 Shares of Invesco S&P MidCap 400 Pure Growth ETF $RFG

Twelve Points Wealth Management LLC cut its stake in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 65.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,309 shares of the company’s stock after selling 134,887 shares during the period. Invesco S&P MidCap 400 Pure Growth ETF makes up about 0.9% of Twelve Points Wealth Management LLC’s portfolio, making the stock its 25th biggest holding. Twelve Points Wealth Management LLC owned approximately 1.19% of Invesco S&P MidCap 400 Pure Growth ETF worth $3,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Integrity Alliance LLC. acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at about $1,310,000. Flow Traders U.S. LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the first quarter worth about $823,000. Arrow Investment Advisors LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the first quarter worth about $776,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 39.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 43,926 shares of the company’s stock valued at $1,925,000 after buying an additional 12,456 shares during the period. Finally, Connecticut Wealth Management LLC acquired a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter valued at approximately $496,000.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 1.2%

Shares of Invesco S&P MidCap 400 Pure Growth ETF stock opened at $51.06 on Friday. The company has a 50 day moving average of $50.56 and a 200-day moving average of $47.64. 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 $302.28 million, a PE ratio of 20.52 and a beta of 1.17.

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.