Marshall Investment Management LLC Buys New Position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Marshall Investment Management LLC bought a new stake in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 98,166 shares of the company’s stock, valued at approximately $4,827,000. Invesco S&P MidCap 400 Pure Growth ETF comprises 2.8% of Marshall Investment Management LLC’s portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of RFG. Ameritas Advisory Services LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 3.6% during the 3rd quarter. Ameritas Advisory Services LLC now owns 60,308 shares of the company’s stock worth $2,965,000 after buying an additional 2,092 shares in the last quarter. Truepoint Inc. bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 3rd quarter worth approximately $201,000. FMR LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 8.5% during the 3rd quarter. FMR LLC now owns 6,992 shares of the company’s stock worth $344,000 after buying an additional 545 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 3rd quarter worth approximately $357,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 35.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,500 shares of the company’s stock worth $713,000 after buying an additional 3,825 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

Invesco S&P MidCap 400 Pure Growth ETF stock opened at $47.15 on Friday. Invesco S&P MidCap 400 Pure Growth ETF has a 52-week low of $44.01 and a 52-week high of $53.78. The stock’s 50 day moving average price is $49.65 and its two-hundred day moving average price is $49.45. The stock has a market capitalization of $301.76 million, a price-to-earnings ratio of 16.09 and a beta of 1.17.

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.