Prospera Financial Services Inc Sells 4,094 Shares of Invesco S&P 500 Pure Growth ETF $RPG

Prospera Financial Services Inc lessened its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 8.2% in the second quarter, HoldingsChannel reports. The firm owned 46,122 shares of the company’s stock after selling 4,094 shares during the quarter. Prospera Financial Services Inc’s holdings in Invesco S&P 500 Pure Growth ETF were worth $2,111,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position 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 period. Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Pure Growth ETF by 22.9% in the 1st quarter. Raymond James Financial Inc. now owns 772,926 shares of the company’s stock worth $29,564,000 after acquiring an additional 143,825 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Invesco S&P 500 Pure Growth ETF by 8.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 496,305 shares of the company’s stock worth $18,984,000 after acquiring an additional 37,347 shares in the last quarter. Royal Bank of Canada lifted its position in Invesco S&P 500 Pure Growth ETF by 8.5% during the 1st quarter. Royal Bank of Canada now owns 356,395 shares of the company’s stock valued at $13,632,000 after acquiring an additional 27,996 shares during the period. Finally, Gimbal Financial bought a new stake in Invesco S&P 500 Pure Growth ETF during the second quarter worth about $16,009,000.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG opened at $46.99 on Tuesday. Invesco S&P 500 Pure Growth ETF has a fifty-two week low of $32.16 and a fifty-two week high of $48.64. The firm’s 50-day simple moving average is $47.52 and its two-hundred day simple moving average is $45.62. The stock has a market cap of $1.67 billion, a PE ratio of 24.25 and a beta of 1.16.

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.