Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Rises By 3,054.1%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,167 shares, an increase of 3,054.1% from the January 15th total of 37 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,903 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 3,903 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

Several hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings 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 acquiring an additional 14,569 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% during the first quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after purchasing an additional 3,719 shares in the last quarter. Trust Co. of Toledo NA OH purchased a new position in Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter valued at $49,000. Envestnet Asset Management Inc. raised its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% in the second quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock valued at $434,000 after buying an additional 1,009 shares in the last quarter. Finally, CENTRAL TRUST Co purchased a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the 2nd quarter worth about $1,016,000.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

NYSEARCA RZG opened at $59.23 on Wednesday. The firm’s 50-day moving average is $56.67 and its two-hundred day moving average is $54.68. The stock has a market capitalization of $113.13 million, a P/E ratio of 18.78 and a beta of 1.19. Invesco S&P SmallCap 600 Pure Growth ETF has a 12 month low of $40.48 and a 12 month high of $59.76.

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.