Reston Wealth Management LLC Cuts Stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Reston Wealth Management LLC cut its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 43,963 shares of the company’s stock after selling 559 shares during the period. Invesco S&P 500 Pure Growth ETF comprises approximately 0.7% of Reston Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Reston Wealth Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $1,814,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of RPG. Raymond James & Associates raised its holdings in shares of 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 worth $13,106,000 after buying an additional 9,270 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 145.0% in the third quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock worth $10,293,000 after buying an additional 155,112 shares during the period. Plan Group Financial LLC raised its holdings in shares of 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 worth $7,037,000 after buying an additional 12,134 shares during the period. Twelve Points Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 2.6% in the fourth quarter. Twelve Points Wealth Management LLC now owns 156,622 shares of the company’s stock worth $6,462,000 after buying an additional 3,974 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 11.2% in the third quarter. JPMorgan Chase & Co. now owns 125,696 shares of the company’s stock worth $4,936,000 after buying an additional 12,681 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Up 0.1 %

RPG opened at $43.56 on Thursday. The stock’s fifty day moving average is $42.74 and its two-hundred day moving average is $39.95. The company has a market capitalization of $1.92 billion, a P/E ratio of 2.66 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 52 week low of $32.44 and a 52 week high of $44.61.

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.