New England Private Wealth Advisors LLC Trims Stake in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

New England Private Wealth Advisors LLC lowered its stake in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 196,002 shares of the company’s stock after selling 3,913 shares during the quarter. Invesco S&P MidCap 400 Pure Growth ETF makes up about 1.5% of New England Private Wealth Advisors LLC’s holdings, making the stock its 20th biggest position. New England Private Wealth Advisors LLC owned about 3.04% of Invesco S&P MidCap 400 Pure Growth ETF worth $8,086,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. HighTower Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth $861,000. Mariner LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 556.0% during the third quarter. Mariner LLC now owns 13,547 shares of the company’s stock worth $531,000 after purchasing an additional 11,482 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 402.3% during the third quarter. Sunbelt Securities Inc. now owns 874 shares of the company’s stock worth $34,000 after purchasing an additional 700 shares during the last quarter. Northeast Financial Consultants Inc boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 400.0% during the third quarter. Northeast Financial Consultants Inc now owns 21,000 shares of the company’s stock worth $823,000 after purchasing an additional 16,800 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 237.3% during the third quarter. Tower Research Capital LLC TRC now owns 10,287 shares of the company’s stock worth $403,000 after purchasing an additional 7,237 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Up 0.5 %

Shares of RFG stock traded up $0.24 during mid-day trading on Friday, hitting $48.36. 17,957 shares of the company’s stock were exchanged, compared to its average volume of 31,835. Invesco S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $35.31 and a fifty-two week high of $50.92. The stock has a 50-day simple moving average of $48.50 and a two-hundred day simple moving average of $43.15. The stock has a market cap of $335.13 million, a price-to-earnings ratio of 2.57 and a beta of 1.07.

About Invesco S&P MidCap 400 Pure Growth ETF

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.