Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Sets New 12-Month Low – Should You Sell?

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)’s share price reached a new 52-week low on Monday . The stock traded as low as $32.16 and last traded at $32.16, with a volume of 33496 shares. The stock had previously closed at $33.93.

Invesco S&P 500 Pure Growth ETF Stock Performance

The company has a market capitalization of $1.30 billion, a P/E ratio of 22.02 and a beta of 1.17. The stock’s fifty day moving average price is $41.22 and its 200-day moving average price is $41.46.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.0287 dividend. This is a positive change from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Benjamin Edwards Inc. bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $266,000. Jane Street Group LLC increased its stake in shares of Invesco S&P 500 Pure Growth ETF by 762.7% during the third quarter. Jane Street Group LLC now owns 76,356 shares of the company’s stock worth $2,998,000 after purchasing an additional 67,505 shares during the period. EP Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth approximately $178,000. Delos Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Pure Growth ETF by 7.4% during the 3rd quarter. Delos Wealth Advisors LLC now owns 49,832 shares of the company’s stock worth $1,957,000 after purchasing an additional 3,447 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in Invesco S&P 500 Pure Growth ETF by 61.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,192 shares of the company’s stock valued at $1,080,000 after purchasing an additional 9,556 shares during the period.

Invesco S&P 500 Pure Growth ETF Company 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.