Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,642 shares of the company’s stock after acquiring an additional 1,795 shares during the period. Commonwealth Equity Services LLC owned about 0.73% of Invesco S&P MidCap 400 Pure Growth ETF worth $2,549,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Marshall Investment Management LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth $4,827,000. Dale Q Rice Investment Management Ltd acquired a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $1,148,000. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter worth about $1,140,000. Matrix Trust Co increased its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 581.0% in the 4th quarter. Matrix Trust Co now owns 20,062 shares of the company’s stock valued at $971,000 after acquiring an additional 17,116 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 35.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,500 shares of the company’s stock worth $713,000 after acquiring an additional 3,825 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 1.6 %

Shares of RFG opened at $45.18 on Thursday. The company has a market capitalization of $288.25 million, a price-to-earnings ratio of 20.22 and a beta of 1.19. Invesco S&P MidCap 400 Pure Growth ETF has a 52-week low of $42.87 and a 52-week high of $53.78. The stock has a 50 day moving average price of $47.90 and a 200 day moving average price of $49.12.

Invesco S&P MidCap 400 Pure Growth ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a $0.0331 dividend. The ex-dividend date is Monday, March 24th.

About Invesco S&P MidCap 400 Pure Growth ETF

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.