Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 391,015 shares traded hands during mid-day trading, a decline of 11% from the previous session’s volume of 439,005 shares.The stock last traded at $58.76 and had previously closed at $58.38.
Invesco S&P 500 Pure Growth ETF Price Performance
The firm has a market capitalization of $2.09 billion, a P/E ratio of 24.25 and a beta of 1.22. The stock’s fifty day simple moving average is $55.43 and its 200 day simple moving average is $50.64.
Hedge Funds Weigh In On Invesco S&P 500 Pure Growth ETF
A number of large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Invesco S&P 500 Pure Growth ETF by 0.8% in the third quarter. Bank of America Corp DE now owns 938,500 shares of the company’s stock worth $44,785,000 after purchasing an additional 7,423 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.9% during the third quarter. Raymond James Financial Inc. now owns 662,814 shares of the company’s stock valued at $31,629,000 after acquiring an additional 12,250 shares in the last quarter. UBS Group AG increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 25.9% during the fourth quarter. UBS Group AG now owns 552,437 shares of the company’s stock valued at $25,785,000 after acquiring an additional 113,711 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 3.1% during the first quarter. Royal Bank of Canada now owns 337,816 shares of the company’s stock valued at $15,790,000 after acquiring an additional 10,262 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 13.4% during the fourth quarter. JPMorgan Chase & Co. now owns 326,936 shares of the company’s stock valued at $15,260,000 after acquiring an additional 38,527 shares in the last quarter.
Invesco S&P 500 Pure Growth ETF Company 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. 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.
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