Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) Short Interest Update

Invesco S&P 500 Pure Growth ETF (NYSEARCA:RPG) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 74,502 shares, a decrease of 73.0% from the May 14th total of 275,473 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 591,994 shares, the days-to-cover ratio is currently 0.1 days.

Invesco S&P 500 Pure Growth ETF Price Performance

NYSEARCA:RPG traded up $0.72 during trading hours on Friday, reaching $60.82. 850,713 shares of the company traded hands, compared to its average volume of 465,754. The firm’s 50-day moving average is $55.69 and its 200-day moving average is $50.71. The stock has a market cap of $2.12 billion, a P/E ratio of 24.25 and a beta of 1.22. Invesco S&P 500 Pure Growth ETF has a 1-year low of $42.84 and a 1-year high of $61.69.

Institutional Investors Weigh In On Invesco S&P 500 Pure Growth ETF

A number of large investors have recently bought and sold shares of RPG. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 938,500 shares of the company’s stock worth $44,785,000 after purchasing an additional 7,423 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 1.9% during the third quarter. Raymond James Financial Inc. now owns 662,814 shares of the company’s stock worth $31,629,000 after purchasing an additional 12,250 shares during the last quarter. UBS Group AG boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 25.9% during the fourth quarter. UBS Group AG now owns 552,437 shares of the company’s stock worth $25,785,000 after purchasing an additional 113,711 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 3.1% during the first quarter. Royal Bank of Canada now owns 337,816 shares of the company’s stock worth $15,790,000 after purchasing an additional 10,262 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Pure Growth ETF by 13.4% during the fourth quarter. JPMorgan Chase & Co. now owns 326,936 shares of the company’s stock worth $15,260,000 after purchasing an additional 38,527 shares during the last quarter.

About Invesco S&P 500 Pure Growth ETF

Guggenheim S&P 500 Pure Growth ETF, formerly Rydex S&P 500 Pure Growth ETF, seeks to replicate as closely as possible the performance of the S&P 500 Pure Growth Index (the Index). 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. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities (and derivatives thereof) included in the Index.