Short Interest in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Increases By 135.1%

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 15,024 shares, an increase of 135.1% from the May 31st total of 6,390 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 7,338 shares, the short-interest ratio is currently 2.0 days.

Institutional Trading of Invesco S&P MidCap 400 Pure Growth ETF

Several hedge funds have recently added to or reduced their stakes in RFG. Coldstream Capital Management Inc. increased its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 74,982 shares of the company’s stock worth $3,932,000 after buying an additional 1,419 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 18.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 71,973 shares of the company’s stock valued at $3,667,000 after acquiring an additional 10,968 shares during the period. UBS Group AG boosted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.5% in the third quarter. UBS Group AG now owns 63,678 shares of the company’s stock valued at $3,244,000 after acquiring an additional 3,321 shares during the period. Bank of America Corp DE grew its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.0% in the second quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock worth $2,720,000 after acquiring an additional 537 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the third quarter worth $1,563,000.

Invesco S&P MidCap 400 Pure Growth ETF Stock Up 0.9%

RFG stock traded up $0.55 during mid-day trading on Monday, reaching $63.47. 5,819 shares of the stock traded hands, compared to its average volume of 10,752. Invesco S&P MidCap 400 Pure Growth ETF has a 52 week low of $48.51 and a 52 week high of $64.81. The business has a 50-day moving average of $61.97 and a two-hundred day moving average of $57.88. The firm has a market capitalization of $356.07 million, a PE ratio of 20.52 and a beta of 1.12.

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.