Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Down 33.4% in July

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 10,379 shares, a decrease of 33.4% from the June 30th total of 15,579 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 28,068 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco S&P SmallCap 600 Pure Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tempo Wealth LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter worth approximately $1,008,000. Horizon Family Wealth Inc. lifted its stake in 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 purchasing an additional 49,568 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% in the fourth quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after buying an additional 434 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 23.2% during the 3rd quarter. Raymond James Financial Inc. now owns 10,045 shares of the company’s stock worth $547,000 after acquiring an additional 1,891 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of 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 Performance

RZG stock opened at $68.90 on Friday. The stock’s fifty day moving average is $68.36 and its two-hundred day moving average is $62.62. The stock has a market capitalization of $139.87 million, a price-to-earnings ratio of 18.78 and a beta of 1.12. Invesco S&P SmallCap 600 Pure Growth ETF has a 1 year low of $48.69 and a 1 year high of $73.24.

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.