Investors Research Corp Reduces Stock Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Investors Research Corp lessened its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,969 shares of the company’s stock after selling 260 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 Pure Growth ETF were worth $1,814,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its stake in Invesco S&P 500 Pure Growth ETF by 145.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock worth $10,293,000 after buying an additional 155,112 shares during the last quarter. Matrix Trust Co boosted its stake in Invesco S&P 500 Pure Growth ETF by 557.3% in the 4th quarter. Matrix Trust Co now owns 19,601 shares of the company’s stock worth $809,000 after buying an additional 16,619 shares during the last quarter. World Investment Advisors LLC boosted its stake in Invesco S&P 500 Pure Growth ETF by 24.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,394 shares of the company’s stock worth $290,000 after buying an additional 1,448 shares during the last quarter. US Bancorp DE boosted its stake in Invesco S&P 500 Pure Growth ETF by 1.4% in the 4th quarter. US Bancorp DE now owns 24,834 shares of the company’s stock worth $1,025,000 after buying an additional 354 shares during the last quarter. Finally, Delos Wealth Advisors LLC boosted its stake in Invesco S&P 500 Pure Growth ETF by 7.4% in the 3rd quarter. Delos Wealth Advisors LLC now owns 49,832 shares of the company’s stock worth $1,957,000 after buying an additional 3,447 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Down 0.1 %

Shares of NYSEARCA:RPG opened at $39.23 on Monday. The stock’s 50-day moving average price is $42.86 and its two-hundred day moving average price is $41.27. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $45.11. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 25.30 and a beta of 1.15.

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.