Invesco S&P 500 Pure Growth ETF $RPG Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers reduced its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 54.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 78,027 shares of the company’s stock after selling 93,321 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P 500 Pure Growth ETF were worth $3,647,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Rothschild Wealth LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth approximately $1,047,000. WCG Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at approximately $662,000. Corient Private Wealth LLC raised its position in Invesco S&P 500 Pure Growth ETF by 46.3% in the fourth quarter. Corient Private Wealth LLC now owns 86,103 shares of the company’s stock valued at $4,035,000 after purchasing an additional 27,244 shares during the period. Baer Investment Advisory LLC acquired a new position in Invesco S&P 500 Pure Growth ETF during the first quarter worth $1,968,000. Finally, Del Sette Capital Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF during the first quarter worth $1,553,000.

Invesco S&P 500 Pure Growth ETF Stock Down 0.6%

RPG opened at $58.71 on Thursday. Invesco S&P 500 Pure Growth ETF has a 52 week low of $43.41 and a 52 week high of $64.06. The business has a fifty day simple moving average of $59.51 and a 200-day simple moving average of $54.03. The firm has a market cap of $2.10 billion, a P/E ratio of 24.25 and a beta of 1.21.

About Invesco S&P 500 Pure Growth ETF

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.