Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC boosted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 14.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,878 shares of the company’s stock after acquiring an additional 871 shares during the period. Merit Financial Group LLC owned about 0.10% of Invesco S&P MidCap 400 Pure Growth ETF worth $333,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Matrix Trust Co acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth about $145,000. Truepoint Inc. acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF during the third quarter worth approximately $201,000. Heritage Oak Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the second quarter valued at approximately $233,000. Wealthcare Advisory Partners LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth $236,000. Finally, FMR LLC raised its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 8.5% in the third quarter. FMR LLC now owns 6,992 shares of the company’s stock valued at $344,000 after buying an additional 545 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Trading Down 0.3 %

NYSEARCA RFG opened at $51.17 on Friday. The business’s 50 day moving average is $50.62 and its two-hundred day moving average is $49.37. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $41.56 and a 12-month high of $53.78. The stock has a market capitalization of $366.89 million, a price-to-earnings ratio of 2.59 and a beta of 1.10.

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.