NewEdge Wealth LLC Sells 3,095 Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

NewEdge Wealth LLC lessened its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 78,920 shares of the company’s stock after selling 3,095 shares during the period. NewEdge Wealth LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $3,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 28.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,481 shares of the company’s stock worth $372,000 after buying an additional 2,106 shares during the period. Strategic Blueprint LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 70.8% during the 3rd quarter. Strategic Blueprint LLC now owns 13,089 shares of the company’s stock worth $514,000 after buying an additional 5,427 shares during the period. Stephens Inc. AR boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 6.4% during the 3rd quarter. Stephens Inc. AR now owns 15,915 shares of the company’s stock worth $625,000 after buying an additional 955 shares during the period. RIA Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $297,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 145.0% during the 3rd 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.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG stock opened at $42.08 on Friday. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 25.30 and a beta of 1.15. The company has a 50-day simple moving average of $43.08 and a 200 day simple moving average of $41.11. Invesco S&P 500 Pure Growth ETF has a 52 week low of $32.44 and a 52 week high of $45.11.

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.