Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 1,179 shares, a growth of 577.6% from the October 15th total of 174 shares. Based on an average daily volume of 2,454 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of Invesco S&P SmallCap 600 Pure Growth ETF
Several hedge funds have recently bought and sold shares of RZG. Harbour Investments Inc. acquired a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the 3rd quarter valued at about $195,000. Commonwealth Equity Services LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the third quarter valued at approximately $1,494,000. Fifth Third Securities Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the third quarter valued at approximately $2,627,000. Focus Financial Network Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter valued at approximately $211,000. Finally, Bank of America Corp DE increased its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 3.5% in the first quarter. Bank of America Corp DE now owns 24,852 shares of the company’s stock valued at $1,416,000 after purchasing an additional 836 shares during the period.
Invesco S&P SmallCap 600 Pure Growth ETF Price Performance
Shares of NYSEARCA RZG opened at $61.96 on Wednesday. The firm has a market capitalization of $117.10 million, a PE ratio of 18.78 and a beta of 1.15. Invesco S&P SmallCap 600 Pure Growth ETF has a 1-year low of $50.95 and a 1-year high of $73.24. The business’s fifty day moving average price is $63.26 and its two-hundred day moving average price is $63.69.
About Invesco S&P SmallCap 600 Pure Growth ETF
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.
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