May Hill Capital LLC Takes Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

May Hill Capital LLC bought a new position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the fourth quarter, HoldingsChannel reports. The fund bought 20,801 shares of the company’s stock, valued at approximately $858,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in Invesco S&P 500 Pure Growth ETF by 0.5% during the 4th quarter. LPL Financial LLC now owns 1,094,473 shares of the company’s stock valued at $45,158,000 after buying an additional 5,336 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.1% in the fourth quarter. HighTower Advisors LLC now owns 683,614 shares of the company’s stock valued at $28,206,000 after purchasing an additional 7,637 shares during the period. Raymond James Financial Inc. bought a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth $25,957,000. One Capital Management LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at about $21,178,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 0.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 458,958 shares of the company’s stock valued at $18,937,000 after acquiring an additional 3,451 shares during the period.

Invesco S&P 500 Pure Growth ETF Trading Up 0.3 %

Shares of RPG stock opened at $38.25 on Tuesday. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $45.11. The business’s fifty day simple moving average is $41.80 and its 200-day simple moving average is $41.48. The company has a market cap of $1.44 billion, a PE ratio of 22.02 and a beta of 1.17.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.0287 dividend. This is an increase from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01. The ex-dividend date was Monday, March 24th.

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.