Commonwealth Equity Services LLC Grows Position in Invesco S&P 500 Pure Growth ETF $RPG

Commonwealth Equity Services LLC grew its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 7.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 361,454 shares of the company’s stock after acquiring an additional 25,208 shares during the quarter. Commonwealth Equity Services LLC owned about 1.02% of Invesco S&P 500 Pure Growth ETF worth $17,249,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE raised its position in shares of Invesco S&P 500 Pure Growth ETF by 1.7% in the second quarter. US Bancorp DE now owns 25,020 shares of the company’s stock valued at $1,145,000 after buying an additional 430 shares during the last quarter. Mather Group LLC. purchased a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth approximately $29,000. Accurate Wealth Management LLC raised its holdings in Invesco S&P 500 Pure Growth ETF by 3.8% in the 3rd quarter. Accurate Wealth Management LLC now owns 17,064 shares of the company’s stock valued at $814,000 after acquiring an additional 624 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Invesco S&P 500 Pure Growth ETF by 0.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 264,503 shares of the company’s stock worth $12,106,000 after purchasing an additional 665 shares during the period. Finally, Charter Research & Investment Group Inc. lifted its stake in shares of Invesco S&P 500 Pure Growth ETF by 11.5% during the 2nd quarter. Charter Research & Investment Group Inc. now owns 7,268 shares of the company’s stock worth $333,000 after purchasing an additional 748 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Up 1.3%

Shares of NYSEARCA:RPG opened at $48.42 on Friday. The company has a market cap of $1.63 billion, a P/E ratio of 24.25 and a beta of 1.16. Invesco S&P 500 Pure Growth ETF has a 52 week low of $32.16 and a 52 week high of $48.78. The business has a fifty day simple moving average of $46.60 and a 200-day simple moving average of $46.84.

Invesco S&P 500 Pure Growth ETF Profile

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.