Short Interest in Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Decreases By 94.7%

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 905 shares, a drop of 94.7% from the January 29th total of 17,219 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 10,499 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 10,499 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

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

Institutional investors have recently bought and sold shares of the stock. Tempo Wealth LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF during the fourth quarter valued at $889,000. Cetera Investment Advisers lifted its position in Invesco S&P MidCap 400 Pure Growth ETF by 5.0% in the 4th quarter. Cetera Investment Advisers now owns 24,877 shares of the company’s stock valued at $1,304,000 after acquiring an additional 1,177 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 2.9% during the fourth quarter. Royal Bank of Canada now owns 22,206 shares of the company’s stock valued at $1,164,000 after buying an additional 621 shares during the last quarter. Blair William & Co. IL grew its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 224.2% in the fourth quarter. Blair William & Co. IL now owns 859 shares of the company’s stock worth $45,000 after acquiring an additional 594 shares during the period. Finally, Kestra Advisory Services LLC grew its position in Invesco S&P MidCap 400 Pure Growth ETF by 1.6% in the 4th quarter. Kestra Advisory Services LLC now owns 22,503 shares of the company’s stock worth $1,180,000 after purchasing an additional 349 shares during the period.

Invesco S&P MidCap 400 Pure Growth ETF Price Performance

NYSEARCA RFG traded down $0.27 on Friday, reaching $58.56. 7,402 shares of the company’s stock traded hands, compared to its average volume of 11,618. The stock has a market cap of $323.25 million, a PE ratio of 20.52 and a beta of 1.11. The stock has a 50-day simple moving average of $55.75 and a 200 day simple moving average of $52.79. Invesco S&P MidCap 400 Pure Growth ETF has a 12 month low of $37.89 and a 12 month high of $59.00.

About Invesco S&P MidCap 400 Pure Growth ETF

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.