Focus Financial Network Inc. Makes New $1.95 Million Investment in Invesco S&P 500 Pure Growth ETF $RPG

Focus Financial Network Inc. acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 3rd quarter, HoldingsChannel reports. The firm acquired 33,331 shares of the company’s stock, valued at approximately $1,946,000.

Several other hedge funds also recently made changes to their positions in the company. Marquette Asset Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF in the 3rd quarter valued at approximately $40,440,000. Royal Bank of Canada lifted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 3.1% in the first quarter. Royal Bank of Canada now owns 337,816 shares of the company’s stock valued at $15,790,000 after purchasing an additional 10,262 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Invesco S&P 500 Pure Growth ETF by 9.2% in the 1st quarter. Arkadios Wealth Advisors now owns 278,865 shares of the company’s stock valued at $13,034,000 after buying an additional 23,389 shares in the last quarter. Trinity Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Pure Growth ETF by 18.3% during the second quarter. Trinity Wealth Management LLC now owns 169,218 shares of the company’s stock valued at $10,805,000 after acquiring an additional 26,158 shares during the last quarter. Finally, Private Advisor Group LLC boosted its stake in shares of Invesco S&P 500 Pure Growth ETF by 195.9% during the 1st quarter. Private Advisor Group LLC now owns 209,714 shares of the company’s stock worth $9,802,000 after purchasing an additional 138,834 shares during the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of NYSEARCA RPG opened at $56.15 on Thursday. The firm has a market cap of $1.84 billion, a P/E ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a 1 year low of $43.41 and a 1 year high of $64.06. The firm’s 50 day moving average price is $58.10 and its 200 day moving average price is $57.28.

Invesco S&P 500 Pure Growth ETF 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.