Cornerstone Wealth Management LLC Reduces Holdings in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)

Cornerstone Wealth Management LLC lowered its position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 1.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 27,816 shares of the company’s stock after selling 546 shares during the period. Cornerstone Wealth Management LLC owned 0.06% of Invesco S&P 500 Pure Growth ETF worth $1,092,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Twelve Points Wealth Management LLC raised its position in shares of 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. Matrix Trust Co purchased a new stake in Invesco S&P 500 Pure Growth ETF during the 3rd quarter valued at about $117,000. Affinity Capital Advisors LLC raised its holdings in Invesco S&P 500 Pure Growth ETF by 47.2% in the 3rd quarter. Affinity Capital Advisors LLC now owns 19,824 shares of the company’s stock valued at $778,000 after acquiring an additional 6,355 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco S&P 500 Pure Growth ETF in the 2nd quarter worth approximately $547,000. Finally, SPC Financial Inc. boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.9% during the 2nd quarter. SPC Financial Inc. now owns 32,410 shares of the company’s stock worth $1,208,000 after purchasing an additional 600 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

NYSEARCA:RPG opened at $40.50 on Friday. Invesco S&P 500 Pure Growth ETF has a one year low of $28.86 and a one year high of $41.31. The stock has a market cap of $1.78 billion, a PE ratio of 2.66 and a beta of 1.05. The stock has a 50 day moving average price of $38.16 and a 200 day moving average price of $36.80.

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.