Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) saw unusually-high trading volume on Monday . Approximately 1,030,318 shares traded hands during trading, an increase of 135% from the previous session’s volume of 438,694 shares.The stock last traded at $42.06 and had previously closed at $42.56.

Invesco S&P 500 Pure Growth ETF Stock Performance

The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05. The firm’s fifty day simple moving average is $43.10 and its 200 day simple moving average is $40.96.

Institutional Trading of Invesco S&P 500 Pure Growth ETF

A number of institutional investors have recently made changes to their positions in the business. Financial Life Planners acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth approximately $39,000. O Shaughnessy Asset Management LLC bought a new stake in Invesco S&P 500 Pure Growth ETF during the fourth quarter worth $56,000. EP Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF in the third quarter valued at $178,000. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth about $204,000. Finally, Leisure Capital Management bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $206,000.

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.