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

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 5,095 shares, an increase of 265.5% from the December 15th total of 1,394 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 3,010 shares, the days-to-cover ratio is currently 1.7 days. Based on an average trading volume of 3,010 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% during the third quarter. Bank of America Corp DE now owns 24,552 shares of the company’s stock worth $1,337,000 after acquiring an additional 519 shares during the period. Raymond James Financial Inc. raised its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 23.2% in the third quarter. Raymond James Financial Inc. now owns 10,045 shares of the company’s stock valued at $547,000 after buying an additional 1,891 shares in the last quarter. UBS Group AG boosted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 22.7% in the third quarter. UBS Group AG now owns 12,379 shares of the company’s stock valued at $674,000 after buying an additional 2,291 shares during the period. Lion Street Advisors LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the third quarter worth approximately $67,000. Finally, Horizon Family Wealth Inc. increased its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 5.8% during the 3rd quarter. Horizon Family Wealth Inc. now owns 23,036 shares of the company’s stock worth $1,255,000 after acquiring an additional 1,269 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 0.0%

Shares of Invesco S&P SmallCap 600 Pure Growth ETF stock traded down $0.00 on Tuesday, hitting $57.35. The stock had a trading volume of 709 shares, compared to its average volume of 6,084. The stock has a market cap of $109.54 million, a price-to-earnings 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 $57.45. The business’s 50 day moving average is $54.73 and its two-hundred day moving average is $53.71.

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.