Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Update

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 14,714 shares, an increase of 1,121.1% from the June 30th total of 1,205 shares. Based on an average trading volume of 6,024 shares, the short-interest ratio is presently 2.4 days. Approximately 0.3% of the company’s shares are short sold.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

Invesco S&P MidCap 400 Pure Growth ETF stock traded down $0.67 during trading on Friday, reaching $60.60. 2,070 shares of the company’s stock were exchanged, compared to its average volume of 10,069. Invesco S&P MidCap 400 Pure Growth ETF has a 52-week low of $49.19 and a 52-week high of $64.81. The firm has a market cap of $344.21 million, a price-to-earnings ratio of 20.52 and a beta of 1.11. The company’s 50-day moving average is $62.32 and its two-hundred day moving average is $59.05.

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

A number of large investors have recently modified their holdings of RFG. Financial Synergies Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF during the 4th quarter valued at about $443,000. Tempo Wealth LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth approximately $889,000. Independent Financial Group LLC acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter valued at approximately $755,000. Godfrey Financial Associates Inc. acquired a new stake in Invesco S&P MidCap 400 Pure Growth ETF in the fourth quarter valued at approximately $53,000. Finally, Coldstream Capital Management Inc. raised its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 74,982 shares of the company’s stock valued at $3,932,000 after purchasing an additional 1,419 shares during the period.

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.