Stratos Wealth Partners LTD. Takes $4.62 Million Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Stratos Wealth Partners LTD. acquired a new position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 111,961 shares of the company’s stock, valued at approximately $4,620,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RPG. Financial Life Planners bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter worth $39,000. Matrix Trust Co purchased a new stake in Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $117,000. EP Wealth Advisors LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth about $178,000. Leisure Capital Management purchased a new position in Invesco S&P 500 Pure Growth ETF during the 4th quarter valued at about $206,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the third quarter valued at about $266,000.

Invesco S&P 500 Pure Growth ETF Trading Up 0.8 %

RPG stock opened at $44.50 on Friday. The firm has a 50 day moving average of $42.87 and a 200-day moving average of $40.19. The firm has a market capitalization of $1.96 billion, a P/E ratio of 2.66 and a beta of 1.05. Invesco S&P 500 Pure Growth ETF has a 12 month low of $32.44 and a 12 month high of $44.61.

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.