Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Decreases By 82.8%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 615 shares, a drop of 82.8% from the May 31st total of 3,579 shares. Based on an average daily trading volume, of 7,406 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

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

Several hedge funds have recently modified their holdings of RZG. Bank of America Corp DE increased its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 3.5% in the 1st quarter. Bank of America Corp DE now owns 24,852 shares of the company’s stock valued at $1,416,000 after buying an additional 836 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 5,921 shares of the company’s stock valued at $337,000 after acquiring an additional 804 shares in the last quarter. IMC Chicago LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 290.7% in the first quarter. IMC Chicago LLC now owns 22,786 shares of the company’s stock valued at $1,298,000 after acquiring an additional 34,733 shares in the last quarter. Tempo Wealth LLC acquired a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter worth about $1,008,000. Finally, Osaic Holdings Inc. increased its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1.9% during the fourth quarter. Osaic Holdings Inc. now owns 23,891 shares of the company’s stock worth $1,299,000 after acquiring an additional 434 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Up 1.3%

RZG opened at $70.73 on Friday. Invesco S&P SmallCap 600 Pure Growth ETF has a 52 week low of $48.69 and a 52 week high of $71.62. The business has a 50 day moving average price of $64.93 and a two-hundred day moving average price of $60.05. The company has a market cap of $134.39 million, a PE ratio of 18.78 and a beta of 1.15.

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.