Invesco S&P 500 Pure Growth ETF $RPG Position Trimmed by Berger Financial Group Inc

Berger Financial Group Inc reduced its holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 31,933 shares of the company’s stock after selling 632 shares during the period. Berger Financial Group Inc’s holdings in Invesco S&P 500 Pure Growth ETF were worth $1,462,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of RPG. Assetmark Inc. raised its stake in Invesco S&P 500 Pure Growth ETF by 14.9% during the first quarter. Assetmark Inc. now owns 2,036 shares of the company’s stock worth $78,000 after acquiring an additional 264 shares during the period. Flagship Harbor Advisors LLC raised its position in shares of Invesco S&P 500 Pure Growth ETF by 1.0% during the 1st quarter. Flagship Harbor Advisors LLC now owns 45,058 shares of the company’s stock worth $1,723,000 after purchasing an additional 446 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Invesco S&P 500 Pure Growth ETF by 0.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 264,503 shares of the company’s stock worth $12,106,000 after purchasing an additional 665 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 1st quarter worth approximately $29,000. Finally, Beacon Bridge Wealth Partners LLC boosted its position in Invesco S&P 500 Pure Growth ETF by 1.4% during the 1st quarter. Beacon Bridge Wealth Partners LLC now owns 62,463 shares of the company’s stock valued at $2,389,000 after purchasing an additional 875 shares during the period.

Invesco S&P 500 Pure Growth ETF Price Performance

Shares of RPG opened at $47.82 on Monday. Invesco S&P 500 Pure Growth ETF has a 12 month low of $32.16 and a 12 month high of $48.50. The stock has a fifty day moving average price of $47.10 and a 200 day moving average price of $43.70. The company has a market cap of $1.75 billion, a P/E ratio of 24.25 and a beta of 1.13.

Invesco S&P 500 Pure Growth ETF Profile

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.