Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Update

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 11,619 shares, a growth of 1,183.9% from the February 12th total of 905 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 11,179 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 11,179 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 0.2%

Shares of NYSEARCA RFG traded down $0.13 during mid-day trading on Tuesday, reaching $56.43. 6,088 shares of the company were exchanged, compared to its average volume of 11,098. The stock has a market capitalization of $311.49 million, a PE ratio of 20.52 and a beta of 1.11. Invesco S&P MidCap 400 Pure Growth ETF has a 52 week low of $37.89 and a 52 week high of $59.05. The company’s 50 day moving average price is $56.36 and its 200 day moving average price is $53.24.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

Several institutional investors have recently bought and sold shares of the business. Tempo Wealth LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth about $889,000. Cetera Investment Advisers increased its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.0% in the 4th quarter. Cetera Investment Advisers now owns 24,877 shares of the company’s stock valued at $1,304,000 after acquiring an additional 1,177 shares during the period. Royal Bank of Canada raised its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 2.9% in the fourth quarter. Royal Bank of Canada now owns 22,206 shares of the company’s stock worth $1,164,000 after purchasing an additional 621 shares in the last quarter. Blair William & Co. IL raised its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 224.2% during the 4th quarter. Blair William & Co. IL now owns 859 shares of the company’s stock worth $45,000 after acquiring an additional 594 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.6% during the fourth quarter. Kestra Advisory Services LLC now owns 22,503 shares of the company’s stock worth $1,180,000 after purchasing an additional 349 shares in the last quarter.

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.