Shakespeare Wealth Management LLC Decreases Stock Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Shakespeare Wealth Management LLC decreased its stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,279 shares of the company’s stock after selling 1,446 shares during the period. Invesco S&P 500 Pure Growth ETF makes up 0.9% of Shakespeare Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Shakespeare Wealth Management LLC owned approximately 0.18% of Invesco S&P 500 Pure Growth ETF worth $3,312,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. PAX Financial Group LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth about $1,046,000. May Hill Capital LLC bought a new position in shares of Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $858,000. Hazlett Burt & Watson Inc. grew its holdings in shares of Invesco S&P 500 Pure Growth ETF by 128.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 6,892 shares of the company’s stock valued at $284,000 after buying an additional 3,878 shares during the last quarter. O Shaughnessy Asset Management LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $56,000. Finally, Delos Wealth Advisors LLC raised its holdings in Invesco S&P 500 Pure Growth ETF by 6.7% in the 4th quarter. Delos Wealth Advisors LLC now owns 53,186 shares of the company’s stock worth $2,194,000 after acquiring an additional 3,354 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Trading Down 6.7 %

Shares of RPG opened at $33.93 on Monday. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 22.02 and a beta of 1.17. The business’s fifty day simple moving average is $41.22 and its two-hundred day simple moving average is $41.46. Invesco S&P 500 Pure Growth ETF has a 12 month low of $32.44 and a 12 month high of $45.11.

Invesco S&P 500 Pure Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.0287 dividend. This is an increase from Invesco S&P 500 Pure Growth ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Pure Growth ETF Company 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.