Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Update

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 11,619 shares, an increase of 1,183.9% from the February 12th total of 905 shares. Based on an average daily volume of 11,179 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 11,179 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Coldstream Capital Management Inc. boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 74,982 shares of the company’s stock worth $3,932,000 after purchasing an additional 1,419 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 18.0% during the third 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 last quarter. UBS Group AG boosted its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.5% during the third quarter. UBS Group AG now owns 63,678 shares of the company’s stock worth $3,244,000 after purchasing an additional 3,321 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.0% in the second 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 during the period. Finally, Ameritas Advisory Services LLC grew its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 19.7% in the third quarter. Ameritas Advisory Services LLC now owns 53,945 shares of the company’s stock valued at $2,748,000 after purchasing an additional 8,874 shares during the period.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

RFG stock traded down $0.13 during midday trading on Tuesday, reaching $56.43. 6,088 shares of the company were exchanged, compared to its average volume of 11,098. The stock’s 50-day simple moving average is $56.36 and its 200 day simple moving average is $53.24. Invesco S&P MidCap 400 Pure Growth ETF has a 1-year low of $37.89 and a 1-year high of $59.05. The company has a market cap of $311.49 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.