Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Stock Price Down 0% – Here’s What Happened

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)’s stock price fell 0% during trading on Tuesday . The stock traded as low as $57.66 and last traded at $57.75. 291,854 shares traded hands during trading, a decline of 44% from the average session volume of 517,797 shares. The stock had previously closed at $57.77.

Invesco S&P 500 Pure Growth ETF Trading Down 1.6%

The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21. The firm has a 50-day moving average of $58.04 and a 200 day moving average of $55.61.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RPG. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the 4th quarter worth $29,000. Arax Advisory Partners purchased a new position in Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $39,000. Financial Life Planners acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the first quarter valued at about $44,000. First Command Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter worth about $54,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the first quarter worth about $108,000.

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.