Commonwealth Equity Services LLC Boosts Stock Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Commonwealth Equity Services LLC lifted its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 458,958 shares of the company’s stock after purchasing an additional 3,451 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $18,937,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Financial Life Planners acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth $39,000. EP Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF during the third quarter worth about $178,000. Leisure Capital Management acquired a new stake in Invesco S&P 500 Pure Growth ETF during the fourth quarter worth about $206,000. Cassaday & Co Wealth Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $210,000. Finally, BankPlus Trust Department acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth approximately $230,000.

Invesco S&P 500 Pure Growth ETF Stock Up 3.2 %

NYSEARCA:RPG opened at $38.53 on Monday. The stock’s fifty day moving average is $42.50 and its two-hundred day moving average is $41.29. The company has a market capitalization of $1.50 billion, a P/E ratio of 22.43 and a beta of 1.17. Invesco S&P 500 Pure Growth ETF has a 52 week low of $32.44 and a 52 week high of $45.11.

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.