May Hill Capital LLC Makes New Investment in Invesco S&P 500 Pure Growth ETF $RPG

May Hill Capital LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 3rd quarter, HoldingsChannel reports. The firm bought 20,800 shares of the company’s stock, valued at approximately $1,214,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in RPG. Marquette Asset Management LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF in the third quarter worth about $40,440,000. New England Private Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the third quarter valued at about $32,745,000. Commonwealth Equity Services LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at approximately $11,741,000. Summit Wealth Group LLC Co. purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at approximately $7,067,000. Finally, Kestra Advisory Services LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth approximately $5,695,000.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA:RPG traded up $1.04 during trading hours on Friday, hitting $49.64. 777,482 shares of the company were exchanged, compared to its average volume of 480,658. Invesco S&P 500 Pure Growth ETF has a 52-week low of $43.41 and a 52-week high of $64.06. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21. The company’s 50 day moving average price is $56.42 and its 200-day moving average price is $55.04.

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.