Arkadios Wealth Advisors Cuts Stock Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Arkadios Wealth Advisors lowered its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 59.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 216,090 shares of the company’s stock after selling 319,093 shares during the quarter. Arkadios Wealth Advisors’ holdings in Invesco S&P 500 Pure Growth ETF were worth $8,916,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Raymond James & Associates increased its position in shares of Invesco S&P 500 Pure Growth ETF by 2.9% during the third quarter. Raymond James & Associates now owns 333,736 shares of the company’s stock worth $13,106,000 after acquiring an additional 9,270 shares during the period. BNP Paribas Financial Markets increased its holdings in Invesco S&P 500 Pure Growth ETF by 145.0% in the third quarter. BNP Paribas Financial Markets now owns 262,112 shares of the company’s stock valued at $10,293,000 after buying an additional 155,112 shares during the last quarter. Plan Group Financial LLC increased its holdings in Invesco S&P 500 Pure Growth ETF by 7.3% in the third quarter. Plan Group Financial LLC now owns 179,183 shares of the company’s stock valued at $7,037,000 after buying an additional 12,134 shares during the last quarter. Twelve Points Wealth Management LLC increased its holdings in Invesco S&P 500 Pure Growth ETF by 3.4% in the third quarter. Twelve Points Wealth Management LLC now owns 152,648 shares of the company’s stock valued at $5,994,000 after buying an additional 5,043 shares during the last quarter. Finally, Commonwealth Financial Services LLC increased its holdings in Invesco S&P 500 Pure Growth ETF by 109.6% in the second quarter. Commonwealth Financial Services LLC now owns 129,218 shares of the company’s stock valued at $4,904,000 after buying an additional 67,564 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA:RPG opened at $43.49 on Friday. The firm has a market capitalization of $1.92 billion, a PE ratio of 2.66 and a beta of 1.05. The business’s fifty day moving average price is $42.48 and its 200 day moving average price is $39.63. Invesco S&P 500 Pure Growth ETF has a 12 month low of $32.00 and a 12 month high of $44.29.

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.