Royal Bank of Canada Has $15.79 Million Position in Invesco S&P 500 Pure Growth ETF $RPG

Royal Bank of Canada boosted its stake in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 337,816 shares of the company’s stock after purchasing an additional 10,262 shares during the quarter. Royal Bank of Canada’s holdings in Invesco S&P 500 Pure Growth ETF were worth $15,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RPG. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P 500 Pure Growth ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 9,607 shares of the company’s stock valued at $448,000 after purchasing an additional 242 shares during the period. Lido Advisors LLC grew its stake in shares of Invesco S&P 500 Pure Growth ETF by 1.8% in the 4th quarter. Lido Advisors LLC now owns 13,546 shares of the company’s stock valued at $646,000 after buying an additional 242 shares during the period. Ameritas Advisory Services LLC increased its position in Invesco S&P 500 Pure Growth ETF by 5.4% in the 4th quarter. Ameritas Advisory Services LLC now owns 4,890 shares of the company’s stock valued at $228,000 after buying an additional 250 shares in the last quarter. Lowe Brockenbrough & Co. Inc. increased its position in Invesco S&P 500 Pure Growth ETF by 4.8% in the 4th quarter. Lowe Brockenbrough & Co. Inc. now owns 7,062 shares of the company’s stock valued at $330,000 after buying an additional 325 shares in the last quarter. Finally, Diversify Advisory Services LLC increased its position in Invesco S&P 500 Pure Growth ETF by 4.0% in the 4th quarter. Diversify Advisory Services LLC now owns 11,696 shares of the company’s stock valued at $572,000 after buying an additional 452 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of NYSEARCA:RPG opened at $57.93 on Friday. The business’s 50 day simple moving average is $59.48 and its two-hundred day simple moving average is $54.10. The firm has a market cap of $2.07 billion, a P/E ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a 52-week low of $43.41 and a 52-week high of $64.06.

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.