Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Stake Cut by Rodgers & Associates LTD

Rodgers & Associates LTD trimmed its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 7.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,579 shares of the company’s stock after selling 1,485 shares during the quarter. Rodgers & Associates LTD’s holdings in Invesco S&P 500 Pure Growth ETF were worth $808,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its position in Invesco S&P 500 Pure Growth ETF by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,751 shares of the company’s stock worth $383,000 after buying an additional 270 shares in the last quarter. SPC Financial Inc. raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.9% during the second quarter. SPC Financial Inc. now owns 32,410 shares of the company’s stock worth $1,208,000 after acquiring an additional 600 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 5.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 14,118 shares of the company’s stock worth $526,000 after purchasing an additional 755 shares in the last quarter. Stephens Inc. AR raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 6.4% during the 3rd quarter. Stephens Inc. AR now owns 15,915 shares of the company’s stock worth $625,000 after purchasing an additional 955 shares in the last quarter. Finally, World Investment Advisors LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 24.4% during the 3rd quarter. World Investment Advisors LLC now owns 7,394 shares of the company’s stock worth $290,000 after purchasing an additional 1,448 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

RPG opened at $44.55 on Friday. The company has a market capitalization of $1.96 billion, a PE ratio of 2.66 and a beta of 1.05. The business has a 50-day moving average of $42.57 and a 200-day moving average of $39.78. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $32.44 and a fifty-two week high of $44.61.

About Invesco S&P 500 Pure Growth ETF

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.