IFP Advisors Inc Has $3.21 Million Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

IFP Advisors Inc lifted its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 367.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 77,718 shares of the company’s stock after buying an additional 61,102 shares during the quarter. IFP Advisors Inc’s holdings in Invesco S&P 500 Pure Growth ETF were worth $3,207,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Financial Life Planners bought a new position in Invesco S&P 500 Pure Growth ETF during the fourth quarter worth $39,000. EP Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth about $178,000. Leisure Capital Management acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $206,000. Cassaday & Co Wealth Management LLC bought a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $210,000. Finally, Benjamin Edwards Inc. acquired a new position in Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth approximately $266,000.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of NYSEARCA:RPG opened at $42.12 on Tuesday. Invesco S&P 500 Pure Growth ETF has a 52-week low of $32.44 and a 52-week high of $45.11. The business’s 50 day simple moving average is $43.10 and its two-hundred day simple moving average is $40.96. The firm has a market cap of $1.71 billion, a P/E ratio of 25.30 and a beta of 1.15.

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.