Financial Advocates Investment Management acquired a new stake in Rydex S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) during the 4th quarter, Holdings Channel reports. The fund acquired 1,482 shares of the company’s stock, valued at approximately $228,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James & Associates raised its holdings in Rydex S&P MidCap 400 Pure Growth ETF by 12.8% in the 4th quarter. Raymond James & Associates now owns 3,469 shares of the company’s stock valued at $535,000 after buying an additional 395 shares during the period. Captrust Financial Advisors raised its holdings in Rydex S&P MidCap 400 Pure Growth ETF by 69.2% in the 4th quarter. Captrust Financial Advisors now owns 1,210 shares of the company’s stock valued at $186,000 after buying an additional 495 shares during the period. Advisor Group Inc. raised its holdings in Rydex S&P MidCap 400 Pure Growth ETF by 28.5% in the 4th quarter. Advisor Group Inc. now owns 4,289 shares of the company’s stock valued at $661,000 after buying an additional 950 shares during the period. Harbour Capital Advisors LLC purchased a new stake in Rydex S&P MidCap 400 Pure Growth ETF in the 4th quarter valued at about $204,000. Finally, MML Investors Services LLC raised its holdings in Rydex S&P MidCap 400 Pure Growth ETF by 14.2% in the 4th quarter. MML Investors Services LLC now owns 12,918 shares of the company’s stock valued at $1,991,000 after buying an additional 1,608 shares during the period.

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Shares of Rydex S&P MidCap 400 Pure Growth ETF (NYSEARCA RFG) opened at $158.83 on Friday. The stock has a market cap of $607.32 and a PE ratio of 13.40. Rydex S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $132.02 and a fifty-two week high of $167.46.

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Rydex 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.

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Institutional Ownership by Quarter for Rydex S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

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