HighTower Advisors LLC Lowers Stake in Invesco S&P 500 Pure Growth ETF $RPG

HighTower Advisors LLC decreased its position in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 629,548 shares of the company’s stock after selling 10,404 shares during the period. HighTower Advisors LLC owned 1.89% of Invesco S&P 500 Pure Growth ETF worth $29,384,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Founders Financial Alliance LLC grew its stake in Invesco S&P 500 Pure Growth ETF by 354.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 514 shares of the company’s stock worth $25,000 after acquiring an additional 401 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth $29,000. Financial Life Planners purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the 3rd quarter worth $45,000. Aventura Private Wealth LLC acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter worth $47,000. Finally, Bessemer Group Inc. acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF during the third quarter worth $58,000.

Invesco S&P 500 Pure Growth ETF Price Performance

Shares of NYSEARCA:RPG opened at $57.64 on Friday. The company has a market cap of $2.01 billion, a P/E ratio of 24.25 and a beta of 1.21. The business has a fifty day simple moving average of $52.08 and a 200-day simple moving average of $49.28. Invesco S&P 500 Pure Growth ETF has a 52 week low of $41.69 and a 52 week high of $58.48.

About Invesco S&P 500 Pure Growth ETF

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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.