Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Hits New 12-Month High at $38.95

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $38.95 and last traded at $38.81, with a volume of 114974 shares changing hands. The stock had previously closed at $37.83.

Invesco S&P 500 Pure Growth ETF Stock Performance

The company’s 50-day moving average is $36.73 and its 200-day moving average is $36.29. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05.

Institutional Trading of Invesco S&P 500 Pure Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the second quarter valued at about $547,000. SPC Financial Inc. lifted its position in Invesco S&P 500 Pure Growth ETF by 1.9% during the 2nd quarter. SPC Financial Inc. now owns 32,410 shares of the company’s stock valued at $1,208,000 after purchasing an additional 600 shares during the period. Gateway Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the 2nd quarter valued at about $300,000. SkyView Investment Advisors LLC grew its position in shares of Invesco S&P 500 Pure Growth ETF by 32.7% during the 2nd quarter. SkyView Investment Advisors LLC now owns 18,300 shares of the company’s stock worth $682,000 after buying an additional 4,510 shares during the period. Finally, Commonwealth Financial Services LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 109.6% during the second quarter. Commonwealth Financial Services LLC now owns 129,218 shares of the company’s stock worth $4,904,000 after buying an additional 67,564 shares during 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.