Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Sees Strong Trading Volume – Here’s What Happened

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) saw strong trading volume on Tuesday . 688,737 shares changed hands during trading, an increase of 42% from the previous session’s volume of 486,493 shares.The stock last traded at $58.49 and had previously closed at $60.50.

Invesco S&P 500 Pure Growth ETF Trading Down 2.3%

The firm has a fifty day moving average of $58.99 and a 200 day moving average of $52.49. The company has a market capitalization of $2.16 billion, a P/E ratio of 24.25 and a beta of 1.21.

Institutional Trading of Invesco S&P 500 Pure Growth ETF

A number of large investors have recently made changes to their positions in the stock. International Assets Investment Management LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $29,000. Arax Advisory Partners purchased a new stake in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $39,000. Financial Life Planners purchased a new stake in Invesco S&P 500 Pure Growth ETF in the first quarter worth approximately $44,000. Aventura Private Wealth LLC bought a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $47,000. Finally, First Command Advisory Services Inc. bought a new stake in Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $54,000.

Invesco S&P 500 Pure Growth ETF Company Profile

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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.