World Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) by 24.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,394 shares of the company’s stock after buying an additional 1,448 shares during the period. World Investment Advisors LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $290,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 34.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,375 shares of the company’s stock worth $275,000 after purchasing an additional 1,904 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 12.2% during 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 during the period. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 2nd quarter valued at approximately $90,000. Essex Financial Services Inc. boosted its stake in Invesco S&P 500 Pure Growth ETF by 1.4% in the 2nd quarter. Essex Financial Services Inc. now owns 29,617 shares of the company’s stock worth $1,104,000 after purchasing an additional 416 shares during the period. Finally, LPL Financial LLC boosted its stake in Invesco S&P 500 Pure Growth ETF by 5.8% in the 2nd quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock worth $43,231,000 after purchasing an additional 63,101 shares during the period.
Invesco S&P 500 Pure Growth ETF Stock Down 4.0 %
Shares of NYSEARCA:RPG opened at $41.32 on Thursday. The company’s fifty day moving average is $41.80 and its two-hundred day moving average is $38.82. The company has a market cap of $1.82 billion, a P/E ratio of 2.66 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 12-month low of $30.95 and a 12-month high of $44.29.
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.
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