Financial Security Advisor Inc. Reduces Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Financial Security Advisor Inc. reduced its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 2.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 783,577 shares of the company’s stock after selling 17,039 shares during the quarter. Invesco S&P 500 Pure Growth ETF accounts for approximately 10.1% of Financial Security Advisor Inc.’s investment portfolio, making the stock its 2nd biggest holding. Financial Security Advisor Inc. owned approximately 1.77% of Invesco S&P 500 Pure Growth ETF worth $28,773,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC bought a new stake in Invesco S&P 500 Pure Growth ETF during the first quarter worth $1,011,000. Mather Group LLC. bought a new stake in Invesco S&P 500 Pure Growth ETF during the first quarter worth $40,000. NBC Securities Inc. raised its position in Invesco S&P 500 Pure Growth ETF by 13.9% during the first quarter. NBC Securities Inc. now owns 11,176 shares of the company’s stock worth $411,000 after acquiring an additional 1,367 shares in the last quarter. Regis Acquisition Inc. acquired a new position in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at $214,000. Finally, ICA Group Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at $29,000.

Invesco S&P 500 Pure Growth ETF Trading Up 0.8 %

Shares of NYSEARCA:RPG traded up $0.28 on Tuesday, hitting $37.43. The company had a trading volume of 293,281 shares, compared to its average volume of 341,848. Invesco S&P 500 Pure Growth ETF has a 1-year low of $28.86 and a 1-year high of $37.75. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05. The stock has a 50 day moving average price of $35.90 and a 200 day moving average price of $34.86.

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.