Mercer Global Advisors Inc. ADV Increases Stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Mercer Global Advisors Inc. ADV lifted its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 94.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,097 shares of the company’s stock after acquiring an additional 12,680 shares during the quarter. Mercer Global Advisors Inc. ADV owned 0.06% of Invesco S&P 500 Pure Growth ETF worth $1,077,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $39,000. O Shaughnessy Asset Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the fourth quarter worth $56,000. Lowe Brockenbrough & Co. Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at $204,000. Leisure Capital Management purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at $206,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at $210,000.

Invesco S&P 500 Pure Growth ETF Price Performance

Shares of NYSEARCA RPG opened at $40.97 on Friday. Invesco S&P 500 Pure Growth ETF has a 1-year low of $32.16 and a 1-year high of $45.11. The business has a fifty day moving average price of $38.23 and a 200 day moving average price of $41.07. The stock has a market capitalization of $1.51 billion, a P/E ratio of 21.54 and a beta of 1.17.

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.