RMR Wealth Builders Invests $202,000 in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

RMR Wealth Builders bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,985 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RFG. LPL Financial LLC grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 440.8% during the 3rd quarter. LPL Financial LLC now owns 161,172 shares of the company’s stock worth $6,316,000 after purchasing an additional 131,371 shares during the period. UBS Group AG boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 444.3% in the third quarter. UBS Group AG now owns 53,627 shares of the company’s stock worth $2,102,000 after buying an additional 43,774 shares during the last quarter. KPP Advisory Services LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth about $1,492,000. HighTower Advisors LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF during the third quarter valued at approximately $861,000. Finally, Northeast Financial Consultants Inc lifted its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 400.0% in the third quarter. Northeast Financial Consultants Inc now owns 21,000 shares of the company’s stock valued at $823,000 after acquiring an additional 16,800 shares during the period.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 0.9 %

Invesco S&P MidCap 400 Pure Growth ETF stock opened at $48.86 on Friday. The firm has a market cap of $350.33 million, a PE ratio of 2.59 and a beta of 1.10. The stock’s 50 day simple moving average is $48.88 and its two-hundred day simple moving average is $46.31. Invesco S&P MidCap 400 Pure Growth ETF has a 12 month low of $36.75 and a 12 month high of $50.92.

Invesco S&P MidCap 400 Pure Growth ETF 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.