RIA Advisory Group LLC Purchases New Shares in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

RIA Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 12,617 shares of the company’s stock, valued at approximately $407,000.

A number of other large investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its holdings in Invesco S&P 500 Pure Growth ETF by 389.9% during the 3rd quarter. Invesco Ltd. now owns 7,905,581 shares of the company’s stock worth $238,353,000 after acquiring an additional 6,291,778 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 397.7% in the 3rd quarter. Morgan Stanley now owns 1,656,867 shares of the company’s stock valued at $49,955,000 after buying an additional 1,323,954 shares during the period. LPL Financial LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 449.2% in the 3rd quarter. LPL Financial LLC now owns 1,266,815 shares of the company’s stock valued at $38,194,000 after buying an additional 1,036,144 shares during the period. Financial Security Advisor Inc. acquired a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at about $26,315,000. Finally, HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 445.5% in the 3rd quarter. HighTower Advisors LLC now owns 814,242 shares of the company’s stock valued at $24,559,000 after buying an additional 664,973 shares during the period.

Invesco S&P 500 Pure Growth ETF Trading Down 2.3 %

NYSEARCA:RPG traded down $0.80 during mid-day trading on Friday, hitting $33.42. The stock had a trading volume of 524,001 shares, compared to its average volume of 419,580. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 2.74 and a beta of 1.05. The company has a 50 day simple moving average of $35.71 and a 200-day simple moving average of $32.81. Invesco S&P 500 Pure Growth ETF has a 52 week low of $28.52 and a 52 week high of $37.14.

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.