New England Private Wealth Advisors LLC Cuts Stock Holdings in Invesco S&P 500 Pure Growth ETF $RPG

New England Private Wealth Advisors LLC lessened its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 0.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,370 shares of the company’s stock after selling 3,693 shares during the period. Invesco S&P 500 Pure Growth ETF comprises 4.1% of New England Private Wealth Advisors LLC’s holdings, making the stock its 5th largest position. New England Private Wealth Advisors LLC owned approximately 1.59% of Invesco S&P 500 Pure Growth ETF worth $27,883,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gimbal Financial bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the second quarter valued at about $16,009,000. LPL Financial LLC raised its position in Invesco S&P 500 Pure Growth ETF by 20.3% in the 1st quarter. LPL Financial LLC now owns 1,316,683 shares of the company’s stock valued at $50,363,000 after buying an additional 222,210 shares during the last quarter. Private Advisor Group LLC raised its position in Invesco S&P 500 Pure Growth ETF by 323.0% in the 1st quarter. Private Advisor Group LLC now owns 221,977 shares of the company’s stock valued at $8,491,000 after buying an additional 169,499 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Invesco S&P 500 Pure Growth ETF by 22.9% in the 1st quarter. Raymond James Financial Inc. now owns 772,926 shares of the company’s stock valued at $29,564,000 after acquiring an additional 143,825 shares in the last quarter. Finally, Trinity Wealth Management LLC lifted its stake in Invesco S&P 500 Pure Growth ETF by 333.6% in the 2nd quarter. Trinity Wealth Management LLC now owns 142,004 shares of the company’s stock valued at $6,500,000 after acquiring an additional 109,253 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Up 1.1%

Shares of RPG opened at $46.99 on Tuesday. The stock has a market capitalization of $1.67 billion, a P/E ratio of 24.25 and a beta of 1.16. Invesco S&P 500 Pure Growth ETF has a twelve month low of $32.16 and a twelve month high of $48.64. The company has a 50 day moving average of $47.52 and a 200-day moving average of $45.62.

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.