Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Down 51.6% in August

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 1,604 shares, a decline of 51.6% from the August 15th total of 3,316 shares. Based on an average daily volume of 4,904 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Invesco S&P SmallCap 600 Pure Growth ETF Trading Down 1.5%

RZG traded down $0.97 on Tuesday, reaching $63.82. The company had a trading volume of 3,767 shares, compared to its average volume of 8,845. The company has a market capitalization of $128.28 million, a P/E ratio of 18.78 and a beta of 1.12. The company has a fifty day moving average of $68.78 and a 200-day moving average of $64.87. Invesco S&P SmallCap 600 Pure Growth ETF has a one year low of $50.95 and a one year high of $73.24.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Focus Financial Network Inc. acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter valued at $211,000. Harbour Investments Inc. grew its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% during the fourth quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock worth $198,000 after acquiring an additional 1,200 shares during the period. Western Wealth Management LLC raised its position in Invesco S&P SmallCap 600 Pure Growth ETF by 5.0% in the fourth quarter. Western Wealth Management LLC now owns 4,035 shares of the company’s stock worth $219,000 after acquiring an additional 191 shares in the last quarter. Integrity Alliance LLC. bought a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter worth about $257,000. Finally, AlphaCore Capital LLC acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the 4th quarter valued at about $261,000.

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.