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

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 3,199 shares, an increase of 183.3% from the February 12th total of 1,129 shares. Based on an average trading volume of 2,656 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 2,656 shares, the short-interest ratio is currently 1.2 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC lifted 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 worth $219,000 after buying an additional 191 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 8.4% in the third quarter. Belpointe Asset Management LLC now owns 4,436 shares of the company’s stock valued at $242,000 after acquiring an additional 345 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% during the fourth quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after acquiring an additional 434 shares during the last quarter. Bank of America Corp DE increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% during the third quarter. Bank of America Corp DE now owns 24,552 shares of the company’s stock valued at $1,337,000 after acquiring an additional 519 shares during the last quarter. Finally, Sound Income Strategies LLC bought a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter worth $53,000.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

Shares of NYSEARCA RZG traded down $0.44 during trading on Wednesday, hitting $56.88. The stock had a trading volume of 1,910 shares, compared to its average volume of 3,904. The firm has a fifty day moving average of $57.89 and a two-hundred day moving average of $55.63. The company has a market capitalization of $108.64 million, a PE ratio of 18.78 and a beta of 1.19. Invesco S&P SmallCap 600 Pure Growth ETF has a 12 month low of $40.48 and a 12 month high of $59.90.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

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.