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

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 15,579 shares, a growth of 2,433.2% from the June 15th total of 615 shares. Based on an average daily volume of 20,810 shares, the short-interest ratio is currently 0.7 days. Approximately 0.8% of the company’s shares are short sold.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

Invesco S&P SmallCap 600 Pure Growth ETF stock traded down $0.61 during trading hours on Friday, reaching $70.82. The stock had a trading volume of 13,176 shares, compared to its average volume of 7,968. The stock has a market cap of $141.64 million, a PE ratio of 18.78 and a beta of 1.12. Invesco S&P SmallCap 600 Pure Growth ETF has a 52 week low of $48.69 and a 52 week high of $73.24. The company has a fifty day simple moving average of $66.85 and a 200-day simple moving average of $61.25.

Institutional Trading of Invesco S&P SmallCap 600 Pure Growth ETF

Several large investors have recently modified their holdings of RZG. AQR Capital Management LLC increased its holdings in 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 period. Jones Financial Companies Lllp lifted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% in the 1st quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after buying an additional 3,719 shares during the period. Raymond James Financial Inc. lifted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 59.2% in the 2nd quarter. Raymond James Financial Inc. now owns 8,154 shares of the company’s stock worth $412,000 after buying an additional 3,033 shares during the period. UBS Group AG grew its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 22.7% in the 3rd quarter. UBS Group AG now owns 12,379 shares of the company’s stock worth $674,000 after buying an additional 2,291 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of 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 worth $1,337,000 after buying an additional 519 shares during the last quarter.

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.