Dale Q Rice Investment Management Ltd Invests $1.15 Million in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Dale Q Rice Investment Management Ltd bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,702 shares of the company’s stock, valued at approximately $1,148,000. Invesco S&P MidCap 400 Pure Growth ETF accounts for about 0.5% of Dale Q Rice Investment Management Ltd’s holdings, making the stock its 29th largest holding. Dale Q Rice Investment Management Ltd owned about 0.33% of Invesco S&P MidCap 400 Pure Growth ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in RFG. Matrix Trust Co raised its stake in Invesco S&P MidCap 400 Pure Growth ETF by 581.0% in the fourth quarter. Matrix Trust Co now owns 20,062 shares of the company’s stock valued at $971,000 after buying an additional 17,116 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 35.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,500 shares of the company’s stock worth $713,000 after acquiring an additional 3,825 shares in the last quarter. Jane Street Group LLC purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth approximately $357,000. FMR LLC lifted its stake in Invesco S&P MidCap 400 Pure Growth ETF by 8.5% during the third quarter. FMR LLC now owns 6,992 shares of the company’s stock worth $344,000 after purchasing an additional 545 shares during the last quarter. Finally, Truepoint Inc. acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF in the third quarter valued at approximately $201,000.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 0.0 %

Shares of NYSEARCA:RFG opened at $48.78 on Tuesday. The firm has a 50 day simple moving average of $50.66 and a 200-day simple moving average of $49.23. Invesco S&P MidCap 400 Pure Growth ETF has a twelve month low of $40.31 and a twelve month high of $53.78. The company has a market capitalization of $349.75 million, a PE ratio of 2.59 and a beta of 1.10.

Invesco S&P MidCap 400 Pure Growth ETF 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.