Cassaday & Co Wealth Management LLC Takes $210,000 Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Cassaday & Co Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,090 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds have also made changes to their positions in the stock. BNP Paribas Financial Markets grew its position in Invesco S&P 500 Pure Growth ETF by 145.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock worth $10,293,000 after purchasing an additional 155,112 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter worth approximately $4,620,000. EWG Elevate Inc. bought a new position in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $3,829,000. Jane Street Group LLC increased its position in Invesco S&P 500 Pure Growth ETF by 762.7% in the 3rd quarter. Jane Street Group LLC now owns 76,356 shares of the company’s stock valued at $2,998,000 after acquiring an additional 67,505 shares during the period. Finally, Commonwealth Financial Services LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 32.6% during the 4th quarter. Commonwealth Financial Services LLC now owns 79,433 shares of the company’s stock valued at $3,277,000 after acquiring an additional 19,515 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG stock opened at $42.56 on Friday. Invesco S&P 500 Pure Growth ETF has a 1 year low of $32.44 and a 1 year high of $45.11. The firm has a market capitalization of $1.88 billion, a PE ratio of 2.66 and a beta of 1.05. The stock has a fifty day moving average of $43.12 and a two-hundred day moving average of $40.80.

Invesco S&P 500 Pure Growth ETF 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.