Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Short Interest Update

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 194,465 shares, a growth of 172.7% from the July 15th total of 71,309 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 784,293 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in Invesco S&P 500 Pure Growth ETF during the 4th quarter worth approximately $29,000. Arax Advisory Partners acquired a new stake in shares of Invesco S&P 500 Pure Growth ETF in the 4th quarter valued at $39,000. Financial Life Planners purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 1st quarter worth $44,000. First Command Advisory Services Inc. purchased a new stake in shares of Invesco S&P 500 Pure Growth ETF during the 4th quarter worth $54,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Invesco S&P 500 Pure Growth ETF during the first quarter worth $108,000.

Invesco S&P 500 Pure Growth ETF Stock Performance

Shares of RPG opened at $59.81 on Friday. Invesco S&P 500 Pure Growth ETF has a 1 year low of $43.41 and a 1 year high of $64.06. The stock has a market capitalization of $2.14 billion, a PE ratio of 24.25 and a beta of 1.21. The stock has a 50-day simple moving average of $59.28 and a 200-day simple moving average of $54.45.

Invesco S&P 500 Pure Growth ETF Company Profile

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). 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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.