TIAA Trust National Association Invests $215,000 in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

TIAA Trust National Association purchased a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,235 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds have also modified their holdings of RFG. B. Riley Wealth Advisors Inc. grew its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 400.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 5,663 shares of the company’s stock worth $222,000 after purchasing an additional 4,532 shares during the period. Raymond James & Associates acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $255,000. Wetzel Investment Advisors Inc. acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $37,000. J.W. Cole Advisors Inc. acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $208,000. Finally, Willner & Heller LLC acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $520,000.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 0.9 %

RFG traded up $0.44 during mid-day trading on Monday, hitting $49.81. 6,730 shares of the stock were exchanged, compared to its average volume of 33,211. The firm’s fifty day moving average is $49.12 and its two-hundred day moving average is $47.30. Invesco S&P MidCap 400 Pure Growth ETF has a 1-year low of $36.75 and a 1-year high of $51.61. The company has a market cap of $357.14 million, a PE ratio of 2.59 and a beta of 1.10.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.