Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Hits New 52-Week High at $37.75

Shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) hit a new 52-week high on Friday . The stock traded as high as $37.75 and last traded at $37.69, with a volume of 42603 shares traded. The stock had previously closed at $37.31.

Invesco S&P 500 Pure Growth ETF Stock Performance

The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 2.66 and a beta of 1.05. The company has a 50 day moving average price of $35.84 and a two-hundred day moving average price of $34.80.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. XML Financial LLC raised its stake in Invesco S&P 500 Pure Growth ETF by 0.5% in the 1st quarter. XML Financial LLC now owns 61,860 shares of the company’s stock valued at $2,271,000 after purchasing an additional 331 shares during the last quarter. Investors Research Corp raised its stake in Invesco S&P 500 Pure Growth ETF by 0.5% in the 4th quarter. Investors Research Corp now owns 84,984 shares of the company’s stock valued at $2,742,000 after purchasing an additional 385 shares during the last quarter. SPC Financial Inc. raised its stake in Invesco S&P 500 Pure Growth ETF by 1.6% in the 1st quarter. SPC Financial Inc. now owns 31,810 shares of the company’s stock valued at $1,168,000 after purchasing an additional 500 shares during the last quarter. Western Wealth Management LLC grew its holdings in Invesco S&P 500 Pure Growth ETF by 2.9% in the 4th quarter. Western Wealth Management LLC now owns 19,843 shares of the company’s stock valued at $640,000 after buying an additional 557 shares in the last quarter. Finally, Natixis Advisors L.P. grew its holdings in Invesco S&P 500 Pure Growth ETF by 4.2% in the 4th quarter. Natixis Advisors L.P. now owns 17,808 shares of the company’s stock valued at $574,000 after buying an additional 711 shares in 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.