Cornerstone Wealth Management LLC Sells 1,006 Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Cornerstone Wealth Management LLC lowered its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.6% in the fourth quarter, Holdings Channel reports. The firm owned 26,810 shares of the company’s stock after selling 1,006 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco S&P 500 Pure Growth ETF were worth $1,106,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in Invesco S&P 500 Pure Growth ETF by 145.0% during the third quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock worth $10,293,000 after purchasing an additional 155,112 shares during the period. Matrix Trust Co bought a new stake in Invesco S&P 500 Pure Growth ETF during the third quarter worth approximately $117,000. Twelve Points Wealth Management LLC boosted its position in Invesco S&P 500 Pure Growth ETF by 3.4% during the third quarter. Twelve Points Wealth Management LLC now owns 152,648 shares of the company’s stock worth $5,994,000 after purchasing an additional 5,043 shares during the period. World Investment Advisors LLC boosted its position in Invesco S&P 500 Pure Growth ETF by 24.4% during the third 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. Finally, SkyView Investment Advisors LLC boosted its position in Invesco S&P 500 Pure Growth ETF by 32.7% during the second quarter. SkyView Investment Advisors LLC now owns 18,300 shares of the company’s stock worth $682,000 after purchasing an additional 4,510 shares during the period.

Invesco S&P 500 Pure Growth ETF Stock Down 0.5 %

Shares of Invesco S&P 500 Pure Growth ETF stock opened at $44.35 on Friday. Invesco S&P 500 Pure Growth ETF has a 12-month low of $32.44 and a 12-month high of $44.61. The stock has a market capitalization of $1.95 billion, a P/E ratio of 2.66 and a beta of 1.05. The stock has a 50 day moving average price of $42.68 and a two-hundred day moving average price of $39.86.

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.