LPL Financial LLC Has $45.16 Million Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

LPL Financial LLC raised its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 0.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,094,473 shares of the company’s stock after buying an additional 5,336 shares during the quarter. LPL Financial LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $45,158,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 683,614 shares of the company’s stock valued at $28,206,000 after acquiring an additional 7,637 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at $25,957,000. One Capital Management LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth $21,178,000. Commonwealth Equity Services LLC lifted its position in shares of Invesco S&P 500 Pure Growth ETF by 0.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 458,958 shares of the company’s stock worth $18,937,000 after buying an additional 3,451 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Invesco S&P 500 Pure Growth ETF by 145.0% in the third quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock valued at $10,293,000 after buying an additional 155,112 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Down 1.1 %

Invesco S&P 500 Pure Growth ETF stock opened at $39.12 on Friday. The stock has a market cap of $1.52 billion, a PE ratio of 22.43 and a beta of 1.17. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $45.11. The business’s 50-day moving average price is $42.02 and its two-hundred day moving average price is $41.39.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a $0.0287 dividend. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01.

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.