GPS Wealth Strategies Group LLC Sells 280 Shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

GPS Wealth Strategies Group LLC reduced its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 14.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,630 shares of the company’s stock after selling 280 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $79,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its position in Invesco S&P MidCap 400 Pure Growth ETF by 6.4% in the 1st quarter. J.W. Cole Advisors Inc. now owns 5,352 shares of the company’s stock valued at $271,000 after buying an additional 322 shares during the period. Oppenheimer & Co. Inc. raised its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.3% during the first quarter. Oppenheimer & Co. Inc. now owns 7,936 shares of the company’s stock valued at $402,000 after acquiring an additional 400 shares in the last quarter. Valley National Advisers Inc. bought a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the first quarter valued at approximately $27,000. Toth Financial Advisory Corp purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at approximately $38,000. Finally, Wetzel Investment Advisors Inc. bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter worth approximately $37,000.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

RFG traded down $0.01 during trading on Wednesday, hitting $46.86. 41,390 shares of the stock were exchanged, compared to its average volume of 33,641. The firm has a 50 day simple moving average of $48.59 and a 200 day simple moving average of $48.11. The firm has a market cap of $335.98 million, a price-to-earnings ratio of 2.59 and a beta of 1.10. Invesco S&P MidCap 400 Pure Growth ETF has a 1 year low of $36.75 and a 1 year high of $51.61.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.