Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Down 96.9% in July

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 459 shares, a decline of 96.9% from the July 15th total of 14,714 shares. Based on an average daily volume of 4,297 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Invesco S&P MidCap 400 Pure Growth ETF

A number of hedge funds have recently bought and sold shares of the business. American Institute for Advanced Investment Management LLP boosted its position in Invesco S&P MidCap 400 Pure Growth ETF by 4.6% in the first quarter. American Institute for Advanced Investment Management LLP now owns 6,872 shares of the company’s stock worth $377,000 after purchasing an additional 300 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.6% during the 4th quarter. Kestra Advisory Services LLC now owns 22,503 shares of the company’s stock valued at $1,180,000 after purchasing an additional 349 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 1st quarter worth $27,000. KPP Advisory Services LLC raised its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.7% during the 4th quarter. KPP Advisory Services LLC now owns 30,585 shares of the company’s stock worth $1,604,000 after purchasing an additional 515 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.0% in the 2nd quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock worth $2,720,000 after buying an additional 537 shares during the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

NYSEARCA:RFG traded up $0.10 on Tuesday, hitting $63.02. The stock had a trading volume of 4,101 shares, compared to its average volume of 9,879. The stock has a market cap of $357.95 million, a P/E ratio of 20.52 and a beta of 1.12. Invesco S&P MidCap 400 Pure Growth ETF has a 1 year low of $49.19 and a 1 year high of $64.81. The firm’s fifty day simple moving average is $62.08 and its two-hundred day simple moving average is $59.52.

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.