Marquette Asset Management LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 692,817 shares of the company’s stock, valued at approximately $40,440,000. Invesco S&P 500 Pure Growth ETF accounts for about 5.3% of Marquette Asset Management LLC’s investment portfolio, making the stock its 7th biggest holding. Marquette Asset Management LLC owned approximately 2.11% of Invesco S&P 500 Pure Growth ETF at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in shares of Invesco S&P 500 Pure Growth ETF by 46.3% during the fourth quarter. Corient Private Wealth LLC now owns 86,103 shares of the company’s stock worth $4,035,000 after buying an additional 27,244 shares during the period. IMC Chicago LLC bought a new stake in Invesco S&P 500 Pure Growth ETF during the first quarter valued at $456,000. Wealthcare Advisory Partners LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF during the 2nd quarter worth about $757,000. Baer Investment Advisory LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the 1st quarter worth about $1,968,000. Finally, Del Sette Capital Management LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF in the 1st quarter valued at about $1,553,000.
Invesco S&P 500 Pure Growth ETF Price Performance
NYSEARCA RPG opened at $59.69 on Friday. The stock has a market capitalization of $1.96 billion, a P/E ratio of 24.25 and a beta of 1.21. The business has a 50 day simple moving average of $58.15 and a 200 day simple moving average of $57.00. Invesco S&P 500 Pure Growth ETF has a one year low of $43.41 and a one year high of $64.06.
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.
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