Trinity Wealth Management LLC Makes New $6.69 Million Investment in Invesco S&P 500 Pure Growth ETF $RPG

Trinity Wealth Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 143,060 shares of the company’s stock, valued at approximately $6,687,000. Invesco S&P 500 Pure Growth ETF makes up about 2.5% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Trinity Wealth Management LLC owned 0.42% of Invesco S&P 500 Pure Growth ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in shares of Invesco S&P 500 Pure Growth ETF by 0.8% in the 3rd quarter. Bank of America Corp DE now owns 938,500 shares of the company’s stock valued at $44,785,000 after buying an additional 7,423 shares during the period. Raymond James Financial Inc. increased its position in Invesco S&P 500 Pure Growth ETF by 1.9% in the 3rd quarter. Raymond James Financial Inc. now owns 662,814 shares of the company’s stock valued at $31,629,000 after buying an additional 12,250 shares in the last quarter. UBS Group AG raised its stake in Invesco S&P 500 Pure Growth ETF by 25.9% during the 4th quarter. UBS Group AG now owns 552,437 shares of the company’s stock worth $25,785,000 after buying an additional 113,711 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Pure Growth ETF by 13.4% during the 4th quarter. JPMorgan Chase & Co. now owns 326,936 shares of the company’s stock worth $15,260,000 after buying an additional 38,527 shares during the period. Finally, Arkadios Wealth Advisors boosted its holdings in Invesco S&P 500 Pure Growth ETF by 6.0% in the fourth quarter. Arkadios Wealth Advisors now owns 255,476 shares of the company’s stock worth $11,924,000 after acquiring an additional 14,465 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of NYSEARCA:RPG opened at $60.78 on Wednesday. Invesco S&P 500 Pure Growth ETF has a 52-week low of $43.41 and a 52-week high of $63.72. The business’s 50 day simple moving average is $57.48 and its two-hundred day simple moving average is $51.56. The firm has a market cap of $2.12 billion, a P/E ratio of 24.25 and a beta of 1.22.

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.