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 in August. As of August 31st, there was short interest totaling 5,658 shares, an increase of 942.0% from the August 15th total of 543 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 8,011 shares, the short-interest ratio is presently 0.7 days.

Invesco S&P MidCap 400 Pure Growth ETF Stock Performance

Shares of Invesco S&P MidCap 400 Pure Growth ETF stock traded down $0.69 during trading on Thursday, reaching $59.54. The company had a trading volume of 2,661 shares, compared to its average volume of 9,569. The company has a market cap of $338.19 million, a price-to-earnings ratio of 20.52 and a beta of 1.12. The firm’s fifty day moving average is $61.33 and its 200-day moving average is $60.32. Invesco S&P MidCap 400 Pure Growth ETF has a fifty-two week low of $49.50 and a fifty-two week high of $64.81.

Institutional Trading of Invesco S&P MidCap 400 Pure Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position in shares of Invesco S&P MidCap 400 Pure Growth ETF by 144.3% in the 1st quarter. Jones Financial Companies Lllp now owns 5,302 shares of the company’s stock worth $232,000 after buying an additional 3,132 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco S&P MidCap 400 Pure Growth ETF by 8.5% during the 2nd quarter. Raymond James Financial Inc. now owns 24,635 shares of the company’s stock valued at $1,201,000 after purchasing an additional 1,921 shares during the period. Ameriprise Financial Inc. boosted its position in Invesco S&P MidCap 400 Pure Growth ETF by 14.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,566 shares of the company’s stock valued at $320,000 after purchasing an additional 809 shares during the period. Bank of America Corp DE grew its stake in Invesco S&P MidCap 400 Pure Growth ETF by 1.0% during the 2nd quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock worth $2,720,000 after buying an additional 537 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% in the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock worth $45,000 after buying an additional 825 shares during the period.

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.