Twelve Points Wealth Management LLC Increases Position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Twelve Points Wealth Management LLC boosted its holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.4% in the third quarter, HoldingsChannel reports. The firm owned 152,648 shares of the company’s stock after purchasing an additional 5,043 shares during the period. Invesco S&P 500 Pure Growth ETF makes up about 1.9% of Twelve Points Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Twelve Points Wealth Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $5,994,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 5.8% during the second quarter. LPL Financial LLC now owns 1,160,244 shares of the company’s stock valued at $43,231,000 after purchasing an additional 63,101 shares during the period. Arkadios Wealth Advisors raised its stake in Invesco S&P 500 Pure Growth ETF by 12.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 546,909 shares of the company’s stock worth $20,378,000 after buying an additional 59,645 shares during the period. Moloney Securities Asset Management LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the first quarter worth approximately $7,314,000. Jane Street Group LLC grew its stake in Invesco S&P 500 Pure Growth ETF by 795.0% in the first quarter. Jane Street Group LLC now owns 148,341 shares of the company’s stock valued at $5,447,000 after acquiring an additional 131,767 shares during the period. Finally, Commonwealth Financial Services LLC increased its holdings in shares of Invesco S&P 500 Pure Growth ETF by 109.6% during the second quarter. Commonwealth Financial Services LLC now owns 129,218 shares of the company’s stock valued at $4,904,000 after acquiring an additional 67,564 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Up 0.2 %

NYSEARCA RPG opened at $40.57 on Thursday. The company has a fifty day simple moving average of $38.05 and a 200 day simple moving average of $36.77. Invesco S&P 500 Pure Growth ETF has a 12-month low of $28.86 and a 12-month high of $41.31. The company has a market cap of $1.79 billion, a P/E ratio of 2.66 and a beta of 1.05.

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.