Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC reduced its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 19.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,473 shares of the company’s stock after selling 1,580 shares during the period. Gateway Wealth Partners LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $254,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. LPL Financial LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 5.8% in the second quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock valued at $43,231,000 after acquiring an additional 63,101 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 12.2% in the second quarter. Arkadios Wealth Advisors now owns 546,909 shares of the company’s stock valued at $20,378,000 after acquiring an additional 59,645 shares in the last quarter. Raymond James & Associates increased its holdings in Invesco S&P 500 Pure Growth ETF by 2.9% in the third quarter. Raymond James & Associates now owns 333,736 shares of the company’s stock valued at $13,106,000 after buying an additional 9,270 shares during the last quarter. Moloney Securities Asset Management LLC purchased a new position in Invesco S&P 500 Pure Growth ETF in the first quarter valued at $7,314,000. Finally, Plan Group Financial LLC increased its holdings in Invesco S&P 500 Pure Growth ETF by 7.3% in the third quarter. Plan Group Financial LLC now owns 179,183 shares of the company’s stock valued at $7,037,000 after buying an additional 12,134 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA:RPG opened at $40.66 on Wednesday. The firm has a market capitalization of $1.79 billion, a PE ratio of 2.66 and a beta of 1.05. The business’s fifty day moving average price is $38.76 and its 200 day moving average price is $37.04. Invesco S&P 500 Pure Growth ETF has a 12 month low of $28.86 and a 12 month high of $41.31.

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.