Independent Financial Group LLC Makes New $755,000 Investment in Invesco S&P MidCap 400 Pure Growth ETF $RFG

Independent Financial Group LLC bought a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) during the first quarter, Holdings Channel reports. The fund bought 13,770 shares of the company’s stock, valued at approximately $755,000.

Several other large investors have also modified their holdings of RFG. Evolution Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter worth approximately $27,000. Blair William & Co. IL increased its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 224.2% during the fourth quarter. Blair William & Co. IL now owns 859 shares of the company’s stock valued at $45,000 after buying an additional 594 shares during the period. PNC Financial Services Group Inc. increased its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% during the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock valued at $45,000 after buying an additional 825 shares during the period. Advisory Services Network LLC bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the third quarter worth approximately $51,000. Finally, Godfrey Financial Associates Inc. bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter worth approximately $53,000.

Invesco S&P MidCap 400 Pure Growth ETF Stock Up 2.2%

Invesco S&P MidCap 400 Pure Growth ETF stock opened at $60.95 on Wednesday. The firm has a market cap of $344.98 million, a P/E ratio of 20.52 and a beta of 1.11. The business has a fifty day moving average of $62.38 and a two-hundred day moving average of $58.93. Invesco S&P MidCap 400 Pure Growth ETF has a twelve month low of $49.19 and a twelve month high of $64.81.

About Invesco S&P MidCap 400 Pure Growth ETF

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.