Avion Wealth Reduces Stock Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Avion Wealth lessened its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 49.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 930 shares of the company’s stock after selling 900 shares during the period. Avion Wealth’s holdings in Invesco S&P 500 Pure Growth ETF were worth $38,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 145.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock valued at $10,293,000 after buying an additional 155,112 shares during the period. Twelve Points Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 3.4% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 152,648 shares of the company’s stock valued at $5,994,000 after buying an additional 5,043 shares during the period. World Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 24.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,394 shares of the company’s stock valued at $290,000 after buying an additional 1,448 shares during the period. Matrix Trust Co lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 557.3% in the 4th quarter. Matrix Trust Co now owns 19,601 shares of the company’s stock valued at $809,000 after buying an additional 16,619 shares during the period. Finally, Delos Wealth Advisors LLC lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 7.4% in the 3rd quarter. Delos Wealth Advisors LLC now owns 49,832 shares of the company’s stock valued at $1,957,000 after buying an additional 3,447 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Down 1.0 %

Shares of RPG stock opened at $44.20 on Wednesday. The stock has a market cap of $1.95 billion, a PE ratio of 2.66 and a beta of 1.05. The business has a 50-day simple moving average of $42.96 and a 200-day simple moving average of $40.38. Invesco S&P 500 Pure Growth ETF has a 52-week low of $32.44 and a 52-week high of $45.04.

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.