Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Short Interest Update

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 331,983 shares, an increase of 101.3% from the August 31st total of 164,921 shares. Based on an average daily volume of 301,901 shares, the short-interest ratio is presently 1.1 days. Currently, 1.0% of the company’s shares are short sold.

Invesco S&P 500 Pure Growth ETF Trading Down 1.2%

RPG stock traded down $0.72 during trading on Monday, reaching $58.08. 156,267 shares of the stock were exchanged, compared to its average volume of 498,822. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 24.25 and a beta of 1.21. The business has a 50 day moving average price of $57.58 and a 200-day moving average price of $56.29. Invesco S&P 500 Pure Growth ETF has a 1 year low of $43.41 and a 1 year high of $64.06.

Hedge Funds Weigh In On Invesco S&P 500 Pure Growth ETF

Several large investors have recently modified their holdings of RPG. Royal Bank of Canada raised its holdings in Invesco S&P 500 Pure Growth ETF by 3.1% in the 1st quarter. Royal Bank of Canada now owns 337,816 shares of the company’s stock valued at $15,790,000 after buying an additional 10,262 shares during the period. Arkadios Wealth Advisors boosted its position in Invesco S&P 500 Pure Growth ETF by 9.2% in the 1st quarter. Arkadios Wealth Advisors now owns 278,865 shares of the company’s stock valued at $13,034,000 after buying an additional 23,389 shares during the period. Trinity Wealth Management LLC raised its stake in shares of Invesco S&P 500 Pure Growth ETF by 18.3% in the second quarter. Trinity Wealth Management LLC now owns 169,218 shares of the company’s stock valued at $10,805,000 after acquiring an additional 26,158 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Invesco S&P 500 Pure Growth ETF by 195.9% in the first quarter. Private Advisor Group LLC now owns 209,714 shares of the company’s stock valued at $9,802,000 after purchasing an additional 138,834 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in Invesco S&P 500 Pure Growth ETF by 0.6% during the 4th quarter. BNP Paribas Financial Markets now owns 175,950 shares of the company’s stock worth $8,212,000 after purchasing an additional 1,000 shares in the last quarter.

Invesco S&P 500 Pure Growth ETF Company Profile

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.