Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 339,247 shares were traded during trading, an increase of 102% from the previous session’s volume of 168,152 shares.The stock last traded at $49.5530 and had previously closed at $49.83.
Invesco S&P 500 Pure Growth ETF Stock Performance
The firm’s 50-day moving average is $48.76 and its two-hundred day moving average is $47.57. The stock has a market cap of $1.65 billion, a P/E ratio of 24.25 and a beta of 1.16.
Institutional Trading of Invesco S&P 500 Pure Growth ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Founders Financial Alliance LLC lifted its position in Invesco S&P 500 Pure Growth ETF by 354.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock valued at $25,000 after purchasing an additional 401 shares during the period. Mather Group LLC. bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter valued at $29,000. International Assets Investment Management LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at $29,000. Arax Advisory Partners bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth $39,000. Finally, Financial Life Planners bought a new stake in Invesco S&P 500 Pure Growth ETF in the third quarter valued at about $45,000.
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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.
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