Cornerstone Financial Group LLC NE Purchases New Shares in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG)

Cornerstone Financial Group LLC NE acquired a new position in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) in the 4th quarter, Holdings Channel reports. The firm acquired 13,816 shares of the company’s stock, valued at approximately $669,000.

Several other institutional investors and hedge funds have also recently modified their holdings of RFG. Topsail Wealth Management LLC bought a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth approximately $36,000. JPMorgan Chase & Co. raised its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 71.6% in the fourth quarter. JPMorgan Chase & Co. now owns 858 shares of the company’s stock worth $42,000 after purchasing an additional 358 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 675.0% in the fourth quarter. Jones Financial Companies Lllp now owns 2,170 shares of the company’s stock worth $105,000 after purchasing an additional 1,890 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 23.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,097 shares of the company’s stock valued at $198,000 after buying an additional 768 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth about $236,000.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

NYSEARCA:RFG opened at $45.71 on Wednesday. Invesco S&P MidCap 400 Pure Growth ETF has a one year low of $37.89 and a one year high of $53.78. The company’s 50-day simple moving average is $43.71 and its 200 day simple moving average is $47.87. The firm has a market capitalization of $285.69 million, a P/E ratio of 18.64 and a beta of 1.15.

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.