Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Sets New 12-Month High – Here’s Why

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)’s share price hit a new 52-week high on Monday . The company traded as high as $44.29 and last traded at $44.01, with a volume of 94203 shares. The stock had previously closed at $44.07.

Invesco S&P 500 Pure Growth ETF Trading Down 0.5 %

The company has a market cap of $1.93 billion, a PE ratio of 2.66 and a beta of 1.05. The business has a 50 day simple moving average of $41.26 and a two-hundred day simple moving average of $38.44.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. LPL Financial LLC raised its position in shares of Invesco S&P 500 Pure Growth ETF by 5.8% in the 2nd quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock worth $43,231,000 after buying an additional 63,101 shares during the period. Matrix Trust Co acquired a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at $117,000. BNP Paribas Financial Markets increased its holdings in 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 purchasing an additional 155,112 shares in the last quarter. Essex Financial Services Inc. increased its holdings in Invesco S&P 500 Pure Growth ETF by 1.4% in the 2nd quarter. Essex Financial Services Inc. now owns 29,617 shares of the company’s stock valued at $1,104,000 after purchasing an additional 416 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Invesco S&P 500 Pure Growth ETF by 34.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,375 shares of the company’s stock valued at $275,000 after purchasing an additional 1,904 shares in the last quarter.

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.