Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Sees Large Drop in Short Interest

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,206 shares, a drop of 91.6% from the April 30th total of 14,364 shares. Based on an average daily volume of 6,934 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

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

Several large investors have recently made changes to their positions in the business. LPL Financial LLC increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.7% during the 4th quarter. LPL Financial LLC now owns 106,120 shares of the company’s stock valued at $5,771,000 after purchasing an additional 1,785 shares during the last quarter. Horizon Family Wealth Inc. increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 215.2% during the 4th quarter. Horizon Family Wealth Inc. now owns 72,604 shares of the company’s stock valued at $3,948,000 after purchasing an additional 49,568 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 72.8% during the 1st quarter. AQR Capital Management LLC now owns 34,577 shares of the company’s stock valued at $1,617,000 after purchasing an additional 14,569 shares during the last quarter. Bank of America Corp DE increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 3.5% during the 1st quarter. Bank of America Corp DE now owns 24,852 shares of the company’s stock valued at $1,416,000 after purchasing an additional 836 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% during the 4th quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock valued at $1,299,000 after purchasing an additional 434 shares during the last quarter.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

Shares of Invesco S&P SmallCap 600 Pure Growth ETF stock remained flat at $65.08 during trading hours on Wednesday. The stock had a trading volume of 1,452 shares, compared to its average volume of 5,387. Invesco S&P SmallCap 600 Pure Growth ETF has a 1 year low of $48.05 and a 1 year high of $65.71. The stock has a market capitalization of $123.65 million, a PE ratio of 18.78 and a beta of 1.16. The stock’s 50-day moving average is $60.97 and its two-hundred day moving average is $58.02.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

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.