Invesco S&P MidCap 400 Pure Growth ETF $RFG Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 50.2% during the fourth quarter, HoldingsChannel reports. The firm owned 35,837 shares of the company’s stock after selling 36,136 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $1,879,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% in the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock valued at $45,000 after acquiring an additional 825 shares in the last quarter. Advisory Services Network LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the third quarter valued at $51,000. Godfrey Financial Associates Inc. acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter valued at $53,000. Jones Financial Companies Lllp raised its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 33.6% in the third quarter. Jones Financial Companies Lllp now owns 3,399 shares of the company’s stock valued at $174,000 after acquiring an additional 855 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the third quarter valued at $201,000.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

RFG opened at $62.06 on Friday. The stock has a market capitalization of $348.16 million, a PE ratio of 20.52 and a beta of 1.12. The firm’s fifty day moving average price is $59.87 and its 200 day moving average price is $56.62. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $46.80 and a 12-month high of $64.42.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. 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.