RFG Stock Summary and Trading Ideas (Invesco S&P Midcap 400 Pure Growth ETF | ARCA:RFG)

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 December 12, 2024, RFG stock price declined to $51.64 with 12,560 million shares trading.

RFG has a beta of 1.32, meaning it tends to be more sensitive to market movements. RFG has a correlation of 0.67 to the broad based SPY ETF.

RFG has a market cap of $338.25 million. This is considered a Small Cap stock.

In the last 3 years, RFG traded as high as $53.78 and as low as $31.62.

RFG has underperformed the market in the last year with a price return of +30.6% while the SPY ETF gained +32.3%. However, in the short term, RFG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +11.5% vs +9.3% return in SPY. But in the last 2 weeks, RFG shares have been beat by the market, returning -2.4% compared to an SPY return of +0.9%.

RFG support price is $51.52 and resistance is $52.58 (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 shares will trade within this expected range on the day.