Invesco S&P MidCap 400 Pure Growth ETF $RFG Shares Sold by Osaic Holdings Inc.

Osaic Holdings Inc. trimmed its position in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) by 40.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,839 shares of the company’s stock after selling 22,004 shares during the quarter. Osaic Holdings Inc. owned approximately 0.55% of Invesco S&P MidCap 400 Pure Growth ETF worth $1,600,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Integrity Alliance LLC. acquired a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 1st quarter worth $1,310,000. Northwestern Mutual Wealth Management Co. raised its position in Invesco S&P MidCap 400 Pure Growth ETF by 38.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 61,005 shares of the company’s stock worth $2,974,000 after acquiring an additional 17,079 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the second quarter valued at about $790,000. M Holdings Securities Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the second quarter valued at about $681,000. Finally, Fiduciary Alliance LLC acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the second quarter valued at approximately $210,000.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

Shares of RFG opened at $52.99 on Wednesday. Invesco S&P MidCap 400 Pure Growth ETF has a 1-year low of $37.89 and a 1-year high of $53.83. The stock has a market cap of $302.57 million, a price-to-earnings ratio of 20.52 and a beta of 1.11. The firm has a 50 day simple moving average of $52.11 and a 200-day simple moving average of $50.84.

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. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index.