Clearwater Capital Advisors LLC Lowers Stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Clearwater Capital Advisors LLC lessened its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,790 shares of the company’s stock after selling 450 shares during the period. Clearwater Capital Advisors LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $514,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Arkadios Wealth Advisors raised its holdings in Invesco S&P 500 Pure Growth ETF by 12.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 546,909 shares of the company’s stock valued at $20,378,000 after acquiring an additional 59,645 shares during the last quarter. Moloney Securities Asset Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF in the first quarter valued at $7,314,000. Cambridge Investment Research Advisors Inc. lifted its position in Invesco S&P 500 Pure Growth ETF by 1.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 161,835 shares of the company’s stock worth $5,221,000 after buying an additional 1,641 shares during the period. Plan Group Financial LLC grew its holdings in Invesco S&P 500 Pure Growth ETF by 21.9% in the 1st quarter. Plan Group Financial LLC now owns 156,402 shares of the company’s stock valued at $5,743,000 after buying an additional 28,138 shares during the period. Finally, Jane Street Group LLC grew its holdings in Invesco S&P 500 Pure Growth ETF by 795.0% in the 1st quarter. Jane Street Group LLC now owns 148,341 shares of the company’s stock valued at $5,447,000 after buying an additional 131,767 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Down 2.1 %

Shares of RPG stock traded down $0.75 during trading hours on Friday, hitting $35.38. 275,745 shares of the company were exchanged, compared to its average volume of 313,670. The firm has a market cap of $1.56 billion, a PE ratio of 2.66 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 1 year low of $28.86 and a 1 year high of $38.91. The firm has a fifty day moving average of $36.83 and a 200 day moving average of $36.19.

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.