PNC Financial Services Group Inc. Purchases New Position in Invesco S&P 500 Pure Growth ETF $RPG

PNC Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,182 shares of the company’s stock, valued at approximately $522,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Founders Financial Alliance LLC lifted its stake in Invesco S&P 500 Pure Growth ETF by 354.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock worth $25,000 after purchasing an additional 401 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth $29,000. Financial Life Planners bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter valued at $45,000. Aventura Private Wealth LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at $47,000. Finally, Bessemer Group Inc. bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter valued at $58,000.

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

Shares of Invesco S&P 500 Pure Growth ETF stock opened at $60.67 on Tuesday. The firm has a market cap of $2.11 billion, a PE ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a 12-month low of $42.38 and a 12-month high of $60.92. The company’s fifty day simple moving average is $53.42 and its two-hundred day simple moving average is $49.83.

About Invesco S&P 500 Pure Growth ETF

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.