Farther Finance Advisors LLC Cuts Stock Position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Farther Finance Advisors LLC cut its holdings in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 60.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,177 shares of the company’s stock after selling 18,620 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco S&P MidCap 400 Pure Growth ETF were worth $599,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Ameritas Advisory Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 0.4% in the second quarter. Ameritas Advisory Services LLC now owns 58,216 shares of the company’s stock valued at $2,838,000 after buying an additional 235 shares in the last quarter. Pacific Sun Financial Corp increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 2.1% in the second quarter. Pacific Sun Financial Corp now owns 12,205 shares of the company’s stock valued at $595,000 after buying an additional 250 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.3% in the first quarter. Oppenheimer & Co. Inc. now owns 7,936 shares of the company’s stock valued at $402,000 after buying an additional 400 shares in the last quarter. Commonwealth Financial Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 8.7% in the first quarter. Commonwealth Financial Services LLC now owns 23,750 shares of the company’s stock valued at $1,204,000 after buying an additional 1,895 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 27.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 11,503 shares of the company’s stock valued at $561,000 after buying an additional 2,470 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

Invesco S&P MidCap 400 Pure Growth ETF stock opened at $49.17 on Wednesday. The stock has a market capitalization of $352.51 million, a PE ratio of 2.59 and a beta of 1.10. Invesco S&P MidCap 400 Pure Growth ETF has a 12 month low of $37.71 and a 12 month high of $51.61. The business has a 50 day simple moving average of $48.50 and a 200-day simple moving average of $48.63.

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.