Baer Investment Advisory LLC Makes New $1.97 Million Investment in Invesco S&P 500 Pure Growth ETF $RPG

Baer Investment Advisory LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) during the first quarter, Holdings Channel reports. The fund bought 42,102 shares of the company’s stock, valued at approximately $1,968,000.

Several other large investors have also modified their holdings of RPG. International Assets Investment Management LLC purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter worth approximately $29,000. Arax Advisory Partners purchased a new position in Invesco S&P 500 Pure Growth ETF during the fourth quarter valued at approximately $39,000. Financial Life Planners purchased a new position in Invesco S&P 500 Pure Growth ETF during the third quarter valued at approximately $45,000. Aventura Private Wealth LLC bought a new position in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $47,000. Finally, First Command Advisory Services Inc. bought a new position in Invesco S&P 500 Pure Growth ETF in the fourth quarter worth approximately $54,000.

Invesco S&P 500 Pure Growth ETF Price Performance

Invesco S&P 500 Pure Growth ETF stock opened at $59.79 on Friday. The business has a fifty day moving average of $58.85 and a two-hundred day moving average of $52.35. The firm has a market cap of $2.18 billion, a P/E ratio of 24.25 and a beta of 1.21. Invesco S&P 500 Pure Growth ETF has a twelve month low of $43.41 and a twelve month high of $64.06.

About Invesco S&P 500 Pure Growth ETF

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.