PFG Advisors Sells 623 Shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

PFG Advisors lessened its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 12.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 4,388 shares of the company’s stock after selling 623 shares during the period. PFG Advisors’ holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $212,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 675.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,170 shares of the company’s stock worth $105,000 after acquiring an additional 1,890 shares in the last quarter. Truepoint Inc. bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the third quarter valued at approximately $201,000. Wealthcare Advisory Partners LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF during the fourth quarter valued at approximately $236,000. Genesis Wealth Advisors LLC bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter worth approximately $270,000. Finally, Merit Financial Group LLC lifted its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 14.5% during the fourth quarter. Merit Financial Group LLC now owns 6,878 shares of the company’s stock worth $333,000 after buying an additional 871 shares during the period.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 2.7 %

Shares of NYSEARCA:RFG opened at $44.22 on Friday. The company has a market capitalization of $282.12 million, a PE ratio of 20.22 and a beta of 1.19. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $42.87 and a 12-month high of $53.78. The business’s fifty day simple moving average is $48.56 and its 200-day simple moving average is $49.25.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.