Financial Synergies Wealth Advisors Inc. Acquires New Holdings in Invesco S&P MidCap 400 Pure Growth ETF $RFG

Financial Synergies Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,439 shares of the company’s stock, valued at approximately $443,000. Financial Synergies Wealth Advisors Inc. owned 0.15% of Invesco S&P MidCap 400 Pure Growth ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in RFG. CWM LLC raised its stake in Invesco S&P MidCap 400 Pure Growth ETF by 149.0% during the 3rd quarter. CWM LLC now owns 498 shares of the company’s stock worth $25,000 after buying an additional 298 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% during the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock worth $45,000 after purchasing an additional 825 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth about $51,000. Jones Financial Companies Lllp raised its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 33.6% during the third quarter. Jones Financial Companies Lllp now owns 3,399 shares of the company’s stock worth $174,000 after purchasing an additional 855 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth about $201,000.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

NYSEARCA RFG opened at $61.01 on Thursday. The firm has a market cap of $342.27 million, a P/E ratio of 20.52 and a beta of 1.12. The stock’s 50-day moving average is $58.12 and its 200-day moving average is $55.71. Invesco S&P MidCap 400 Pure Growth ETF has a one year low of $46.62 and a one year high of $63.41.

Invesco S&P MidCap 400 Pure Growth ETF Company 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. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.