Cutler Investment Counsel LLC Reduces Stock Holdings in Invesco S&P 500 Pure Growth ETF $RPG

Cutler Investment Counsel LLC decreased its holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 218,806 shares of the company’s stock after selling 12,959 shares during the quarter. Cutler Investment Counsel LLC owned about 0.66% of Invesco S&P 500 Pure Growth ETF worth $10,213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Founders Financial Alliance LLC lifted its stake in Invesco S&P 500 Pure Growth ETF by 354.9% in the third quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock worth $25,000 after acquiring an additional 401 shares during the period. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth $29,000. Financial Life Planners purchased a new stake in Invesco S&P 500 Pure Growth ETF in the third quarter worth $45,000. Aventura Private Wealth LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth $47,000. Finally, First Command Advisory Services Inc. purchased a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth $54,000.

Invesco S&P 500 Pure Growth ETF Stock Up 5.2%

Shares of RPG stock opened at $60.10 on Friday. The stock has a fifty day moving average of $55.43 and a 200 day moving average of $50.64. Invesco S&P 500 Pure Growth ETF has a 52 week low of $42.84 and a 52 week high of $61.69. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 24.25 and a beta of 1.22.

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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.