Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Update

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,606 shares, a drop of 49.8% from the February 26th total of 3,199 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,325 shares, the short-interest ratio is presently 0.7 days.

Invesco S&P SmallCap 600 Pure Growth ETF Trading Down 2.0%

RZG stock traded down $1.13 on Thursday, hitting $56.07. The company’s stock had a trading volume of 3,424 shares, compared to its average volume of 3,621. The firm has a 50 day moving average of $57.92 and a two-hundred day moving average of $55.80. Invesco S&P SmallCap 600 Pure Growth ETF has a 1 year low of $40.48 and a 1 year high of $59.90. The stock has a market cap of $107.09 million, a price-to-earnings ratio of 18.78 and a beta of 1.19.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Western Wealth Management LLC raised its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 5.0% in the fourth quarter. Western Wealth Management LLC now owns 4,035 shares of the company’s stock valued at $219,000 after buying an additional 191 shares during the last quarter. Belpointe Asset Management LLC grew its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 8.4% during the third quarter. Belpointe Asset Management LLC now owns 4,436 shares of the company’s stock worth $242,000 after buying an additional 345 shares during the last quarter. Osaic Holdings Inc. increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after acquiring an additional 434 shares during the period. Bank of America Corp DE increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% in the 3rd quarter. Bank of America Corp DE now owns 24,552 shares of the company’s stock valued at $1,337,000 after acquiring an additional 519 shares during the period. Finally, Sound Income Strategies LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the 4th quarter valued at approximately $53,000.

About Invesco S&P SmallCap 600 Pure Growth ETF

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.