Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Hits New 1-Year High – Should You Buy?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $117.54 and last traded at $117.54, with a volume of 4761 shares changing hands. The stock had previously closed at $117.36.

Invesco S&P MidCap 400 Revenue ETF Stock Up 1.4 %

The firm’s fifty day simple moving average is $113.58 and its two-hundred day simple moving average is $112.15. The firm has a market cap of $811.34 million, a PE ratio of 12.24 and a beta of 1.06.

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

A number of large investors have recently bought and sold shares of the company. Comerica Bank boosted its holdings in Invesco S&P MidCap 400 Revenue ETF by 2.8% during the 1st quarter. Comerica Bank now owns 3,310 shares of the company’s stock valued at $381,000 after acquiring an additional 90 shares during the period. Willner & Heller LLC increased its stake in Invesco S&P MidCap 400 Revenue ETF by 6.1% in the third quarter. Willner & Heller LLC now owns 3,032 shares of the company’s stock valued at $353,000 after purchasing an additional 174 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in Invesco S&P MidCap 400 Revenue ETF by 4.6% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 5,643 shares of the company’s stock worth $619,000 after acquiring an additional 247 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in Invesco S&P MidCap 400 Revenue ETF by 16.1% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 2,329 shares of the company’s stock worth $256,000 after acquiring an additional 323 shares during the period. Finally, Aveo Capital Partners LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 2.0% during the second quarter. Aveo Capital Partners LLC now owns 25,425 shares of the company’s stock worth $2,791,000 after buying an additional 492 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Company Profile

RevenueShares Mid Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P MidCap 400 Index (S&P 400) by investing in the constituent securities of the S&P 400 in the same proportions as the RevenueShares Mid Cap Index. The Fund consists of the same constituent securities as the S&P 400.