Investors Research Corp Makes New $787,000 Investment in Invesco S&P 500 Pure Growth ETF $RPG

Investors Research Corp bought a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,480 shares of the company’s stock, valued at approximately $787,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Life Planners purchased a new position in Invesco S&P 500 Pure Growth ETF in the first quarter worth about $44,000. International Assets Investment Management LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 79.7% during the 1st quarter. International Assets Investment Management LLC now owns 1,125 shares of the company’s stock worth $54,000 after acquiring an additional 499 shares during the period. Ascentis Independent Advisors purchased a new position in Invesco S&P 500 Pure Growth ETF during the first quarter valued at approximately $108,000. Advisortrust Partners LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the first quarter worth approximately $117,000. Finally, Dynamic Advisor Solutions LLC increased its stake in Invesco S&P 500 Pure Growth ETF by 10.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,727 shares of the company’s stock worth $302,000 after buying an additional 440 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Down 0.9%

RPG traded down $0.54 on Wednesday, hitting $59.89. 97,564 shares of the company’s stock traded hands, compared to its average volume of 487,519. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a one year low of $43.41 and a one year high of $64.06. The company’s 50 day simple moving average is $57.87 and its 200-day simple moving average is $56.82.

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. 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.