Cornerstone Wealth Management LLC Sells 465 Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Cornerstone Wealth Management LLC decreased its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.6% in the first quarter, Holdings Channel reports. The fund owned 28,727 shares of the company’s stock after selling 465 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $1,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Creative Planning lifted its position in shares of Invesco S&P 500 Pure Growth ETF by 469.1% during the 3rd quarter. Creative Planning now owns 709,109 shares of the company’s stock worth $21,380,000 after purchasing an additional 584,497 shares during the last quarter. GTS Securities LLC lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 569.3% during the third quarter. GTS Securities LLC now owns 395,850 shares of the company’s stock worth $11,928,000 after buying an additional 336,708 shares during the last quarter. Plan Group Financial LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter valued at approximately $4,138,000. Arkadios Wealth Advisors grew its stake in shares of Invesco S&P 500 Pure Growth ETF by 17.1% in the fourth quarter. Arkadios Wealth Advisors now owns 441,898 shares of the company’s stock worth $14,256,000 after acquiring an additional 64,597 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of Invesco S&P 500 Pure Growth ETF by 174.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 76,275 shares of the company’s stock worth $2,300,000 after acquiring an additional 48,460 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Up 0.6 %

Shares of RPG stock opened at $37.64 on Friday. Invesco S&P 500 Pure Growth ETF has a 1 year low of $28.86 and a 1 year high of $37.75. The firm’s fifty day simple moving average is $36.09 and its 200 day simple moving average is $34.93. The firm has a market capitalization of $1.66 billion, a P/E ratio of 2.66 and a beta of 1.05.

Invesco S&P 500 Pure Growth ETF 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.