Commonwealth Financial Services LLC Cuts Stock Holdings in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Commonwealth Financial Services LLC lessened its position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 2.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,099 shares of the company’s stock after selling 651 shares during the quarter. Commonwealth Financial Services LLC owned about 0.32% of Invesco S&P MidCap 400 Pure Growth ETF worth $1,117,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Willner & Heller LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter valued at $520,000. RMR Wealth Builders acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the first quarter worth about $202,000. J.W. Cole Advisors Inc. grew its stake in Invesco S&P MidCap 400 Pure Growth ETF by 6.4% during the 1st quarter. J.W. Cole Advisors Inc. now owns 5,352 shares of the company’s stock valued at $271,000 after acquiring an additional 322 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at approximately $342,000. Finally, Toth Financial Advisory Corp acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter worth $38,000.

Invesco S&P MidCap 400 Pure Growth ETF Trading Down 0.2 %

Invesco S&P MidCap 400 Pure Growth ETF stock opened at $49.13 on Monday. The company has a 50-day moving average price of $48.03 and a 200 day moving average price of $48.67. The stock has a market cap of $352.26 million, a P/E ratio of 2.59 and a beta of 1.10. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $36.75 and a 12-month high of $51.61.

Invesco S&P MidCap 400 Pure Growth ETF Profile

Rydex S&P MidCap 400 Pure Growth ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P MidCap 400 Pure Growth Index (the Index). The Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by S&P. The Fund uses a passive management strategy, known as replication, to track the performance of the Index.