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 significant growth in short interest in July. As of July 15th, there was short interest totaling 14,714 shares, a growth of 1,121.1% from the June 30th total of 1,205 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 6,024 shares, the days-to-cover ratio is currently 2.4 days.

Invesco S&P MidCap 400 Pure Growth ETF Stock Down 1.1%

NYSEARCA:RFG traded down $0.67 during mid-day trading on Friday, reaching $60.60. The company’s stock had a trading volume of 2,070 shares, compared to its average volume of 10,069. Invesco S&P MidCap 400 Pure Growth ETF has a 1 year low of $49.19 and a 1 year high of $64.81. The stock has a fifty day moving average of $62.32 and a 200-day moving average of $59.05. The firm has a market capitalization of $344.21 million, a PE ratio of 20.52 and a beta of 1.11.

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

Large investors have recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Pure Growth ETF in the 1st quarter worth approximately $27,000. Ballast Advisors LLC purchased a new position in Invesco S&P MidCap 400 Pure Growth ETF during the first quarter valued at approximately $36,000. Robinswood Financial LLC bought a new position in Invesco S&P MidCap 400 Pure Growth ETF in the first quarter worth approximately $42,000. Blair William & Co. IL raised its stake in Invesco S&P MidCap 400 Pure Growth ETF by 224.2% in the fourth quarter. Blair William & Co. IL now owns 859 shares of the company’s stock worth $45,000 after buying an additional 594 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Invesco S&P MidCap 400 Pure Growth ETF by 1,556.6% in the third quarter. PNC Financial Services Group Inc. now owns 878 shares of the company’s stock worth $45,000 after buying an additional 825 shares in the last quarter.

About Invesco S&P MidCap 400 Pure Growth ETF

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.