Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) Short Interest Update

Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 1,205 shares, a drop of 92.0% from the June 15th total of 15,024 shares. Based on an average trading volume of 8,858 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco S&P MidCap 400 Pure Growth ETF Trading Down 1.0%

Shares of Invesco S&P MidCap 400 Pure Growth ETF stock traded down $0.64 on Friday, hitting $61.46. 2,967 shares of the company traded hands, compared to its average volume of 10,584. Invesco S&P MidCap 400 Pure Growth ETF has a 12-month low of $48.82 and a 12-month high of $64.81. The company has a market cap of $347.25 million, a P/E ratio of 20.52 and a beta of 1.11. The firm’s 50-day simple moving average is $62.55 and its 200 day simple moving average is $58.54.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Pure Growth ETF

A number of large investors have recently added to or reduced their stakes in RFG. Coldstream Capital Management Inc. increased its stake in Invesco S&P MidCap 400 Pure Growth ETF by 1.9% in the 4th quarter. Coldstream Capital Management Inc. now owns 74,982 shares of the company’s stock worth $3,932,000 after purchasing an additional 1,419 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P MidCap 400 Pure Growth ETF by 18.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 71,973 shares of the company’s stock valued at $3,667,000 after purchasing an additional 10,968 shares during the period. UBS Group AG grew its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 5.5% in the third quarter. UBS Group AG now owns 63,678 shares of the company’s stock worth $3,244,000 after purchasing an additional 3,321 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco S&P MidCap 400 Pure Growth ETF by 1.0% in the second quarter. Bank of America Corp DE now owns 55,788 shares of the company’s stock worth $2,720,000 after purchasing an additional 537 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of Invesco S&P MidCap 400 Pure Growth ETF in the third quarter worth $1,563,000.

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.