Tempo Wealth LLC Purchases Shares of 16,952 Invesco S&P MidCap 400 Pure Growth ETF $RFG

Tempo Wealth LLC bought a new position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,952 shares of the company’s stock, valued at approximately $889,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 2.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,405 shares of the company’s stock valued at $575,000 after purchasing an additional 263 shares during the period. Kestra Advisory Services LLC grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.6% during the fourth quarter. Kestra Advisory Services LLC now owns 22,503 shares of the company’s stock valued at $1,180,000 after buying an additional 349 shares during the period. KPP Advisory Services LLC grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.7% during the fourth quarter. KPP Advisory Services LLC now owns 30,585 shares of the company’s stock valued at $1,604,000 after buying an additional 515 shares during the period. Bank of America Corp DE grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.0% during the second quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock valued at $2,720,000 after buying an additional 537 shares during the period. Finally, Blair William & Co. IL increased its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 224.2% in the fourth quarter. Blair William & Co. IL now owns 859 shares of the company’s stock valued at $45,000 after buying an additional 594 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

RFG opened at $64.10 on Friday. The company has a fifty day moving average of $61.33 and a two-hundred day moving average of $57.41. The stock has a market capitalization of $359.60 million, a price-to-earnings ratio of 20.52 and a beta of 1.12. Invesco S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $46.80 and a fifty-two week high of $64.81.

About Invesco S&P MidCap 400 Pure Growth ETF

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.