Mission Wealth Management LP Takes $274,000 Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Mission Wealth Management LP acquired a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 8,490 shares of the company’s stock, valued at approximately $274,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 495.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 160,194 shares of the company’s stock valued at $4,830,000 after buying an additional 133,291 shares during the period. Raymond James & Associates boosted its stake in Invesco S&P 500 Pure Growth ETF by 371.9% in the 3rd quarter. Raymond James & Associates now owns 339,253 shares of the company’s stock worth $10,228,000 after purchasing an additional 267,365 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco S&P 500 Pure Growth ETF by 381.3% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 200,843 shares of the company’s stock worth $6,055,000 after purchasing an additional 159,113 shares in the last quarter. Concourse Financial Group Securities Inc. raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 400.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,625 shares of the company’s stock valued at $49,000 after purchasing an additional 1,300 shares during the period. Finally, Penobscot Wealth Management lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 400.7% in the third quarter. Penobscot Wealth Management now owns 15,833 shares of the company’s stock valued at $477,000 after purchasing an additional 12,671 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

NYSEARCA:RPG opened at $34.81 on Friday. The stock has a 50-day simple moving average of $35.65 and a 200 day simple moving average of $33.14. Invesco S&P 500 Pure Growth ETF has a 52-week low of $28.52 and a 52-week high of $37.14. The company has a market cap of $1.53 billion, a PE ratio of 2.66 and a beta of 1.05.

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.