Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Decreases By 33.4%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 10,379 shares, a decline of 33.4% from the June 30th total of 15,579 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 28,068 shares, the short-interest ratio is currently 0.4 days.

Invesco S&P SmallCap 600 Pure Growth ETF Trading Up 2.1%

Shares of RZG stock opened at $68.90 on Friday. The company has a market capitalization of $139.87 million, a P/E ratio of 18.78 and a beta of 1.12. The business’s 50 day moving average is $68.36 and its two-hundred day moving average is $62.62. Invesco S&P SmallCap 600 Pure Growth ETF has a twelve month low of $48.69 and a twelve month high of $73.24.

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

A number of institutional investors have recently added to or reduced their stakes in RZG. Sound Income Strategies LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter valued at approximately $53,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the 4th quarter worth approximately $178,000. Jones Financial Companies Lllp raised its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% during the first quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after purchasing an additional 3,719 shares during the last quarter. Harbour Investments Inc. increased its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% in the fourth quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock valued at $198,000 after buying an additional 1,200 shares in the last quarter. Finally, Focus Financial Network Inc. purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 2nd quarter worth about $211,000.

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.