Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,316 shares, a decrease of 61.8% from the July 30th total of 8,672 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 11,387 shares, the days-to-cover ratio is presently 0.3 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of RZG. Jones Financial Companies Lllp grew its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% during the 1st quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after acquiring an additional 3,719 shares during the period. Harbour Investments Inc. lifted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% in the 4th quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock valued at $198,000 after purchasing an additional 1,200 shares during the period. Focus Financial Network Inc. bought a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the 2nd quarter valued at about $211,000. Western Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 5.0% during the 4th quarter. Western Wealth Management LLC now owns 4,035 shares of the company’s stock valued at $219,000 after purchasing an additional 191 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 33.3% during the fourth quarter. Royal Bank of Canada now owns 4,332 shares of the company’s stock worth $236,000 after purchasing an additional 1,083 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 1.7%

Invesco S&P SmallCap 600 Pure Growth ETF stock traded down $1.15 during mid-day trading on Friday, hitting $67.36. 14,854 shares of the stock were exchanged, compared to its average volume of 9,097. The stock has a market capitalization of $135.39 million, a price-to-earnings ratio of 18.78 and a beta of 1.13. Invesco S&P SmallCap 600 Pure Growth ETF has a 12 month low of $50.95 and a 12 month high of $73.24. The firm’s fifty day simple moving average is $69.88 and its two-hundred day simple moving average is $64.28.

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.