Gimbal Financial Takes $16.01 Million Position in Invesco S&P 500 Pure Growth ETF $RPG

Gimbal Financial bought a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 349,765 shares of the company’s stock, valued at approximately $16,009,000. Invesco S&P 500 Pure Growth ETF accounts for 9.8% of Gimbal Financial’s investment portfolio, making the stock its 3rd biggest holding. Gimbal Financial owned approximately 0.94% of Invesco S&P 500 Pure Growth ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 20.3% during the first quarter. LPL Financial LLC now owns 1,316,683 shares of the company’s stock valued at $50,363,000 after buying an additional 222,210 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 323.0% in the first quarter. Private Advisor Group LLC now owns 221,977 shares of the company’s stock worth $8,491,000 after purchasing an additional 169,499 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 22.9% in the first quarter. Raymond James Financial Inc. now owns 772,926 shares of the company’s stock worth $29,564,000 after purchasing an additional 143,825 shares during the last quarter. Trinity Wealth Management LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 333.6% in the second quarter. Trinity Wealth Management LLC now owns 142,004 shares of the company’s stock worth $6,500,000 after purchasing an additional 109,253 shares during the last quarter. Finally, Commonwealth Financial Services LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 72.6% in the first quarter. Commonwealth Financial Services LLC now owns 137,114 shares of the company’s stock worth $5,245,000 after purchasing an additional 57,681 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

RPG stock opened at $47.83 on Wednesday. Invesco S&P 500 Pure Growth ETF has a 1-year low of $32.16 and a 1-year high of $48.50. The business has a fifty day moving average price of $47.33 and a 200-day moving average price of $44.43. The stock has a market capitalization of $1.70 billion, a P/E ratio of 24.25 and a beta of 1.13.

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.