Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw an uptick in trading volume on Monday . 97,735 shares changed hands during mid-day trading, an increase of 424% from the previous session’s volume of 18,642 shares.The stock last traded at $116.76 and had previously closed at $116.29.

Invesco S&P MidCap 400 Revenue ETF Trading Up 1.1 %

The stock has a market capitalization of $816.66 million, a P/E ratio of 12.24 and a beta of 1.06. The firm’s fifty day moving average is $120.50 and its 200-day moving average is $116.03.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Revenue ETF

Large investors have recently modified their holdings of the stock. Fusion Family Wealth LLC raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 4.8% during the third quarter. Fusion Family Wealth LLC now owns 483,221 shares of the company’s stock worth $56,208,000 after buying an additional 21,963 shares during the last quarter. Prism Advisors Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter worth $17,700,000. Resonant Capital Advisors LLC raised its position in shares of Invesco S&P MidCap 400 Revenue ETF by 3.7% during the 3rd quarter. Resonant Capital Advisors LLC now owns 151,729 shares of the company’s stock valued at $17,649,000 after acquiring an additional 5,381 shares during the last quarter. Systelligence LLC lifted its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 6.0% in the 3rd quarter. Systelligence LLC now owns 138,329 shares of the company’s stock valued at $16,090,000 after purchasing an additional 7,864 shares during the period. Finally, Raymond James & Associates boosted its position in shares of Invesco S&P MidCap 400 Revenue ETF by 8.6% in the 3rd quarter. Raymond James & Associates now owns 92,784 shares of the company’s stock worth $10,793,000 after purchasing an additional 7,319 shares during 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.