Avion Wealth Cuts Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Avion Wealth lessened its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 49.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 930 shares of the company’s stock after selling 900 shares during the quarter. Avion Wealth’s holdings in Invesco S&P 500 Pure Growth ETF were worth $38,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $39,000. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth approximately $178,000. Leisure Capital Management purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $206,000. Benjamin Edwards Inc. purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the 3rd quarter worth approximately $266,000. Finally, World Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 24.4% in the 3rd quarter. World Investment Advisors LLC now owns 7,394 shares of the company’s stock worth $290,000 after purchasing an additional 1,448 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of Invesco S&P 500 Pure Growth ETF stock opened at $44.20 on Wednesday. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05. The stock has a 50 day moving average price of $42.96 and a 200-day moving average price of $40.38. Invesco S&P 500 Pure Growth ETF has a one year low of $32.44 and a one year high of $45.04.

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.