28-Mar-2024
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The Invesco S&P MidCap 400 Pure Growth ETF (Fund) is based on the S&P MidCap 400 Pure Growth Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index measures the performance of securities that exhibit strong growth characteristics in the S&P MidCap 400 Index. Growth is measured by the following risk factors: sales growth, earnings change to price and momentum. The Fund and the Index are rebalanced annually.
Invesco S&P Midcap 400 Pure Growth ETF trades on the ARCA stock market under the symbol RFG.
As of March 28, 2024, RFG stock price climbed to $50.70 with 28,762 million shares trading.
RFG has a beta of 0.77, meaning it tends to be less sensitive to market movements. RFG has a correlation of 0.41 to the broad based SPY ETF.
RFG has a market cap of $327.53 million. This is considered a Small Cap stock.
In the last 3 years, RFG stock traded as high as $50.92 and as low as $31.62.
RFG has outperformed the market in the last year with a price return of +43.6% while the SPY ETF gained +33.6%. RFG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +21.3% and +2.6%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
RFG support price is $49.97 and resistance is $51.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RFG stock will trade within this expected range on the day.