Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Down 82.8% in January

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 208 shares, a decrease of 82.8% from the December 31st total of 1,209 shares. Based on an average daily volume of 6,507 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 6,507 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC grew its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 149.0% during the 3rd quarter. CWM LLC now owns 498 shares of the company’s stock worth $25,000 after buying an additional 298 shares during the period. PNC Financial Services Group Inc. grew its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% during the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock valued at $45,000 after purchasing an additional 825 shares during the period. Trust Co. of Toledo NA OH bought a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the second quarter valued at approximately $50,000. Advisory Services Network LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the third quarter worth $51,000. Finally, Howe & Rusling Inc. acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the second quarter worth $129,000.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 0.4%

Shares of Invesco S&P MidCap 400 Pure Growth ETF stock traded up $0.25 during midday trading on Tuesday, reaching $56.71. The company had a trading volume of 7,586 shares, compared to its average volume of 9,787. The stock has a fifty day simple moving average of $53.70 and a 200 day simple moving average of $51.80. Invesco S&P MidCap 400 Pure Growth ETF has a 1-year low of $37.89 and a 1-year high of $57.21. The company has a market capitalization of $311.34 million, a price-to-earnings ratio of 20.52 and a beta of 1.11.

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.