Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Up 8,178.4% in January

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 17,219 shares, an increase of 8,178.4% from the January 15th total of 208 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 18,407 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 18,407 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Coldstream Capital Management Inc. raised its holdings 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 acquiring an additional 1,419 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 18.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 71,973 shares of the company’s stock worth $3,667,000 after purchasing an additional 10,968 shares during the period. UBS Group AG boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.5% during the 3rd quarter. UBS Group AG now owns 63,678 shares of the company’s stock valued at $3,244,000 after purchasing an additional 3,321 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock valued at $2,720,000 after purchasing an additional 537 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 19.7% during the third quarter. Ameritas Advisory Services LLC now owns 53,945 shares of the company’s stock valued at $2,748,000 after buying an additional 8,874 shares during the period.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 0.1%

NYSEARCA RFG opened at $56.79 on Thursday. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $37.89 and a 12-month high of $57.53. The company has a 50-day simple moving average of $54.65 and a two-hundred day simple moving average of $52.25. The firm has a market cap of $313.48 million, a price-to-earnings ratio of 20.52 and a beta of 1.11.

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.