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

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZGGet Free Report) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,316 shares, a decrease of 61.8% from the July 30th total of 8,672 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 11,387 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.7% during the fourth quarter. LPL Financial LLC now owns 106,120 shares of the company’s stock valued at $5,771,000 after acquiring an additional 1,785 shares during the period. Horizon Family Wealth Inc. increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 215.2% in the 4th quarter. Horizon Family Wealth Inc. now owns 72,604 shares of the company’s stock valued at $3,948,000 after buying an additional 49,568 shares in the last quarter. AQR Capital Management LLC raised its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 72.8% during the 1st quarter. AQR Capital Management LLC now owns 34,577 shares of the company’s stock worth $1,617,000 after buying an additional 14,569 shares during the period. Bank of America Corp DE lifted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 24,852 shares of the company’s stock worth $1,416,000 after acquiring an additional 836 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% in the fourth quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after acquiring an additional 434 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 0.6%

NYSEARCA:RZG traded down $0.43 during mid-day trading on Friday, reaching $68.08. 14,809 shares of the company were exchanged, compared to its average volume of 9,097. The stock has a market cap of $136.84 million, a PE ratio of 18.78 and a beta of 1.13. Invesco S&P SmallCap 600 Pure Growth ETF has a 12 month low of $50.95 and a 12 month high of $73.24. The company has a fifty day moving average of $69.92 and a 200 day moving average of $64.26.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

(Get Free Report)

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.

Further Reading

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