Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Down 33.4% in July

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 10,379 shares, a decline of 33.4% from the June 30th total of 15,579 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 28,068 shares, the days-to-cover ratio is currently 0.4 days.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

NYSEARCA:RZG traded down $0.45 during mid-day trading on Friday, reaching $68.45. The stock had a trading volume of 3,944 shares, compared to its average volume of 9,222. The stock has a market cap of $138.95 million, a P/E ratio of 18.78 and a beta of 1.12. The business’s 50 day moving average is $68.45 and its 200 day moving average is $62.66. Invesco S&P SmallCap 600 Pure Growth ETF has a fifty-two week low of $48.69 and a fifty-two week high of $73.24.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 5.0% during the fourth quarter. Western Wealth Management LLC now owns 4,035 shares of the company’s stock worth $219,000 after acquiring an additional 191 shares during the period. Osaic Holdings Inc. boosted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after purchasing an additional 434 shares during the period. Bank of America Corp DE boosted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% in the 3rd quarter. Bank of America Corp DE now owns 24,552 shares of the company’s stock valued at $1,337,000 after purchasing an additional 519 shares during the period. Cetera Investment Advisers grew its position in Invesco S&P SmallCap 600 Pure Growth ETF by 15.7% in the 1st quarter. Cetera Investment Advisers now owns 5,921 shares of the company’s stock worth $337,000 after purchasing an additional 804 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the 4th quarter worth $53,000.

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.