Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 998 shares, a decrease of 37.8% from the August 31st total of 1,604 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 5,335 shares, the days-to-cover ratio is currently 0.2 days.
Invesco S&P SmallCap 600 Pure Growth ETF Stock Performance
NYSEARCA RZG opened at $63.32 on Friday. The firm has a market capitalization of $120.94 million, a price-to-earnings ratio of 18.78 and a beta of 1.12. Invesco S&P SmallCap 600 Pure Growth ETF has a one year low of $50.95 and a one year high of $73.24. The company’s 50 day moving average price is $66.98 and its 200 day moving average price is $65.37.
Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in Invesco S&P SmallCap 600 Pure Growth ETF by 3.5% during the 1st 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. IMC Chicago LLC boosted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 290.7% in the first quarter. IMC Chicago LLC now owns 22,786 shares of the company’s stock valued at $1,298,000 after purchasing an additional 34,733 shares during the period. Tempo Wealth LLC purchased a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter valued at $1,008,000. Cetera Investment Advisers increased its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 15.7% during the 1st quarter. Cetera Investment Advisers now owns 5,921 shares of the company’s stock worth $337,000 after buying an additional 804 shares during the period. Finally, Focus Financial Network Inc. purchased a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the 2nd quarter worth $211,000.
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.
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