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 recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,606 shares, a decline of 49.8% from the February 26th total of 3,199 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 2,325 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Horizon Family Wealth Inc. grew its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 215.2% during the fourth quarter. Horizon Family Wealth Inc. now owns 72,604 shares of the company’s stock valued at $3,948,000 after buying an additional 49,568 shares during the last quarter. Global View Capital Management LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter valued at $1,085,000. Tempo Wealth LLC acquired a new position in Invesco S&P SmallCap 600 Pure Growth ETF in the 4th quarter worth about $1,008,000. AQR Capital Management LLC raised its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 72.8% during the 1st quarter. AQR Capital Management LLC now owns 34,577 shares of the company’s stock worth $1,617,000 after buying an additional 14,569 shares during the period. Finally, AlphaCore Capital LLC acquired a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter worth $261,000.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 2.0%

RZG traded down $1.13 during trading hours on Thursday, reaching $56.07. 3,424 shares of the company’s stock traded hands, compared to its average volume of 3,621. The firm has a market capitalization of $107.09 million, a PE ratio of 18.78 and a beta of 1.19. 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 firm has a 50-day moving average price of $57.92 and a 200 day moving average price of $55.80.

About Invesco S&P SmallCap 600 Pure Growth ETF

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.