Private Advisor Group LLC Increases Stake in Invesco S&P 500 Pure Growth ETF $RPG

Private Advisor Group LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 10.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 245,107 shares of the company’s stock after buying an additional 23,104 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $11,697,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Hsbc Holdings PLC acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 2nd quarter worth about $10,586,000. Global View Capital Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF in the second quarter valued at approximately $9,291,000. JPMorgan Chase & Co. boosted its holdings in Invesco S&P 500 Pure Growth ETF by 64.0% in the second quarter. JPMorgan Chase & Co. now owns 347,785 shares of the company’s stock valued at $15,918,000 after purchasing an additional 135,771 shares in the last quarter. Tableaux LLC purchased a new position in Invesco S&P 500 Pure Growth ETF in the second quarter valued at approximately $2,585,000. Finally, Advyzon Investment Management LLC purchased a new position in Invesco S&P 500 Pure Growth ETF in the second quarter valued at approximately $2,294,000.

Invesco S&P 500 Pure Growth ETF Trading Up 0.2%

RPG stock opened at $48.72 on Wednesday. The stock has a market cap of $1.63 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 $50.50. The company’s 50 day moving average is $48.91 and its two-hundred day moving average is $47.69.

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.