Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Down 63.0% in March

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 4,297 shares, a decrease of 63.0% from the February 26th total of 11,619 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,376 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 7,376 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are short sold.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

RFG opened at $55.68 on Wednesday. Invesco S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $37.89 and a fifty-two week high of $59.05. The firm’s fifty day moving average is $56.55 and its 200 day moving average is $53.58. The stock has a market cap of $307.35 million, a price-to-earnings ratio of 20.52 and a beta of 1.11.

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

Several large investors have recently made changes to their positions in RFG. CWM LLC boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 149.0% in the third quarter. CWM LLC now owns 498 shares of the company’s stock worth $25,000 after acquiring an additional 298 shares during the period. Blair William & Co. IL raised its stake in Invesco S&P MidCap 400 Pure Growth ETF by 224.2% during the 4th quarter. Blair William & Co. IL now owns 859 shares of the company’s stock valued at $45,000 after purchasing an additional 594 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock worth $45,000 after purchasing an additional 825 shares in the last quarter. Advisory Services Network LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF in the 3rd quarter worth approximately $51,000. Finally, Godfrey Financial Associates Inc. bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the 4th quarter worth approximately $53,000.

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.