Trinity Wealth Management LLC Invests $1.25 Million in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Trinity Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 32,751 shares of the company’s stock, valued at approximately $1,253,000. Invesco S&P 500 Pure Growth ETF makes up about 0.6% of Trinity Wealth Management LLC’s portfolio, making the stock its 23rd largest position.

Several other hedge funds have also modified their holdings of RPG. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth approximately $25,957,000. One Capital Management LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at approximately $21,178,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco S&P 500 Pure Growth ETF by 1,361.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 138,580 shares of the company’s stock valued at $5,718,000 after purchasing an additional 129,099 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at approximately $4,620,000. Finally, IFP Advisors Inc increased its position in shares of Invesco S&P 500 Pure Growth ETF by 367.7% during the 4th quarter. IFP Advisors Inc now owns 77,718 shares of the company’s stock valued at $3,207,000 after purchasing an additional 61,102 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

NYSEARCA RPG opened at $43.53 on Thursday. The company has a market cap of $1.59 billion, a P/E ratio of 23.81 and a beta of 1.15. The business’s 50 day moving average price is $39.72 and its 200-day moving average price is $41.34. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $32.16 and a fifty-two week high of $45.11.

Invesco S&P 500 Pure Growth ETF Company 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.