Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Update

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,199 shares, a growth of 183.3% from the February 12th total of 1,129 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,656 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 2,656 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% in the second quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock worth $434,000 after purchasing an additional 1,009 shares during the last quarter. CENTRAL TRUST Co purchased a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter valued at about $1,016,000. Western Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the 2nd quarter worth approximately $213,000. Bank of America Corp DE grew its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% in the third quarter. Bank of America Corp DE now owns 24,552 shares of the company’s stock worth $1,337,000 after purchasing an additional 519 shares during the period. Finally, Osaic Holdings Inc. grew its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock worth $1,299,000 after buying an additional 434 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Trading Down 0.8%

Shares of NYSEARCA:RZG traded down $0.44 on Wednesday, reaching $56.88. 1,910 shares of the company traded hands, compared to its average volume of 3,904. The business’s 50-day simple moving average is $57.89 and its 200 day simple moving average is $55.63. Invesco S&P SmallCap 600 Pure Growth ETF has a 52 week low of $40.48 and a 52 week high of $59.90. The stock has a market capitalization of $108.64 million, a P/E ratio of 18.78 and a beta of 1.19.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. Security Investors, LLC, which operates under the name Rydex Investments, serves as the investment adviser of the Fund. State Street Bank and Trust Company acts as the administrator of the Fund.