Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Hits New 1-Year High – What’s Next?

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG)’s share price reached a new 52-week high on Friday . The company traded as high as $39.84 and last traded at $39.62, with a volume of 53894 shares. The stock had previously closed at $39.29.

Invesco S&P 500 Pure Growth ETF Trading Up 1.5 %

The firm has a market cap of $1.76 billion, a P/E ratio of 2.66 and a beta of 1.05. The firm has a 50-day simple moving average of $37.18 and a 200-day simple moving average of $36.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of RPG. Mather Group LLC. purchased a new stake in Invesco S&P 500 Pure Growth ETF in the first quarter valued at about $40,000. Creekmur Asset Management LLC acquired a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $71,000. International Assets Investment Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the 2nd quarter worth approximately $90,000. BOK Financial Private Wealth Inc. acquired a new position in Invesco S&P 500 Pure Growth ETF during the 1st quarter valued at approximately $110,000. Finally, Hazlett Burt & Watson Inc. raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 113.5% in the first quarter. Hazlett Burt & Watson Inc. now owns 3,002 shares of the company’s stock worth $110,000 after buying an additional 1,596 shares during the last quarter.

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.