Invesco S&P 500 Pure Growth ETF $RPG Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 18.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,000 shares of the company’s stock after selling 11,272 shares during the period. Envestnet Asset Management Inc. owned about 0.14% of Invesco S&P 500 Pure Growth ETF worth $2,386,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Money Concepts Capital Corp purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at approximately $465,000. Jones Financial Companies Lllp lifted its position in shares of Invesco S&P 500 Pure Growth ETF by 33.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 18,069 shares of the company’s stock valued at $862,000 after buying an additional 4,579 shares in the last quarter. Gimbal Financial grew its stake in Invesco S&P 500 Pure Growth ETF by 1.8% in the 3rd quarter. Gimbal Financial now owns 355,997 shares of the company’s stock valued at $16,988,000 after acquiring an additional 6,232 shares during the period. Valeo Financial Advisors LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth $243,000. Finally, Truist Financial Corp raised its position in Invesco S&P 500 Pure Growth ETF by 7.2% during the third quarter. Truist Financial Corp now owns 36,090 shares of the company’s stock worth $1,722,000 after acquiring an additional 2,427 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Up 0.1%

RPG opened at $50.23 on Friday. The firm’s fifty day simple moving average is $48.71 and its two-hundred day simple moving average is $47.53. Invesco S&P 500 Pure Growth ETF has a 52-week low of $32.16 and a 52-week high of $50.50. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 24.25 and a beta of 1.16.

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.