RZG Stock Summary and Trading Ideas (Invesco S&P Smallcap 600 Pure Growth ETF | ARCA:RZG)

The Invesco S&P SmallCap 600 Pure Growth ETF (Fund) is based on the S&P SmallCap 600 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 SmallCap 600 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 Smallcap 600 Pure Growth ETF trades on the ARCA stock market under the symbol RZG.

As of April 24, 2024, RZG stock price declined to $46.92 with 4,010 million shares trading.

RZG has a market cap of $100.40 million. This is considered a Micro Cap stock.

In the last 3 years, RZG stock traded as high as $59.65 and as low as $35.96.

RZG has underperformed the market in the last year with a return of +21.3%, while the SPY ETF gained +24.2%. In the last 3 month period, RZG fell short of the market, returning +4.0%, while SPY returned +4.6%. However, in the most recent 2 weeks RZG has outperformed the stock market by returning -2.4%, while SPY returned -2.7%.

RZG support price is $46.35 and resistance is $47.57 (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 RZG stock will trade within this expected range on the day.