Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Sees Large Decline in Short Interest

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 905 shares, a decrease of 94.7% from the January 29th total of 17,219 shares. Based on an average daily trading volume, of 10,499 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 10,499 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Coldstream Capital Management Inc. increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 74,982 shares of the company’s stock worth $3,932,000 after purchasing an additional 1,419 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 18.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 71,973 shares of the company’s stock valued at $3,667,000 after buying an additional 10,968 shares in the last quarter. UBS Group AG increased its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 5.5% during the third quarter. UBS Group AG now owns 63,678 shares of the company’s stock worth $3,244,000 after buying an additional 3,321 shares during the last quarter. Bank of America Corp DE raised its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.0% during the second quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock worth $2,720,000 after acquiring an additional 537 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its position in Invesco S&P MidCap 400 Pure Growth ETF by 19.7% during the third quarter. Ameritas Advisory Services LLC now owns 53,945 shares of the company’s stock worth $2,748,000 after acquiring an additional 8,874 shares in the last quarter.

Invesco S&P MidCap 400 Pure Growth ETF Trading Up 0.1%

Shares of RFG stock traded up $0.08 on Thursday, reaching $58.83. The company had a trading volume of 8,415 shares, compared to its average volume of 11,729. The stock has a market cap of $324.74 million, a PE ratio of 20.52 and a beta of 1.11. The company has a 50-day moving average of $55.62 and a 200-day moving average of $52.75. Invesco S&P MidCap 400 Pure Growth ETF has a 12 month low of $37.89 and a 12 month high of $59.00.

Invesco S&P MidCap 400 Pure Growth ETF Company Profile

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.