CIBC Private Wealth Group LLC Buys 5,220 Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

CIBC Private Wealth Group LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,925 shares of the company’s stock after buying an additional 5,220 shares during the quarter. CIBC Private Wealth Group LLC owned about 0.23% of Invesco S&P 500 Pure Growth ETF worth $4,274,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in RPG. Financial Life Planners bought a new position in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth about $39,000. EP Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the third quarter worth approximately $178,000. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $204,000. Leisure Capital Management purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $206,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $210,000.

Invesco S&P 500 Pure Growth ETF Trading Up 0.9 %

RPG stock opened at $38.60 on Wednesday. The stock’s 50 day simple moving average is $41.69 and its 200 day simple moving average is $41.49. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $45.11. The stock has a market capitalization of $1.46 billion, a PE ratio of 22.02 and a beta of 1.17.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.0287 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a boost from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01.

Invesco S&P 500 Pure Growth ETF 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.