33,673 Shares of Invesco S&P 500 Pure Growth ETF $RPG Bought by Reston Wealth Management LLC

Reston Wealth Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) in the 3rd quarter, HoldingsChannel reports. The fund acquired 33,673 shares of the company’s stock, valued at approximately $1,966,000. Invesco S&P 500 Pure Growth ETF comprises about 0.5% of Reston Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marquette Asset Management LLC purchased a new stake in Invesco S&P 500 Pure Growth ETF during the third quarter valued at about $40,440,000. New England Private Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the third quarter worth about $32,745,000. Summit Wealth Group LLC Co. purchased a new position in shares of Invesco S&P 500 Pure Growth ETF in the third quarter worth about $7,067,000. Wolff Financial Management LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at approximately $5,409,000. Finally, XML Financial LLC bought a new stake in shares of Invesco S&P 500 Pure Growth ETF in the third quarter valued at approximately $2,950,000.

Invesco S&P 500 Pure Growth ETF Trading Up 2.0%

Shares of RPG stock opened at $53.54 on Wednesday. The stock has a market capitalization of $1.75 billion, a P/E ratio of 24.25 and a beta of 1.21. The firm’s 50 day moving average is $56.87 and its 200 day moving average is $55.01. Invesco S&P 500 Pure Growth ETF has a 12 month low of $43.41 and a 12 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.