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

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 37 shares, a decline of 99.3% from the December 31st total of 5,095 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 5,353 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 5,353 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

Shares of RZG traded down $0.23 during mid-day trading on Wednesday, reaching $57.57. The company had a trading volume of 857 shares, compared to its average volume of 4,733. The company has a market capitalization of $109.96 million, a P/E ratio of 18.78 and a beta of 1.19. Invesco S&P SmallCap 600 Pure Growth ETF has a twelve month low of $40.48 and a twelve month high of $59.12. The company’s 50-day moving average is $55.76 and its 200-day moving average is $54.22.

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

A number of hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock worth $434,000 after acquiring an additional 1,009 shares during the period. CENTRAL TRUST Co bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 2nd quarter worth $1,016,000. Berger Financial Group Inc boosted its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% in the 2nd quarter. Berger Financial Group Inc now owns 18,816 shares of the company’s stock worth $951,000 after purchasing an additional 411 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter worth $49,000. Finally, Western Wealth Management LLC bought a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter valued at about $213,000.

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.