Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Large Volume Increase

Shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw strong trading volume on Friday . 77,167 shares traded hands during mid-day trading, an increase of 181% from the previous session’s volume of 27,423 shares.The stock last traded at $114.95 and had previously closed at $115.06.

Invesco S&P MidCap 400 Revenue ETF Stock Up 0.5 %

The firm’s fifty day moving average price is $111.71 and its 200 day moving average price is $110.92. The stock has a market cap of $787.24 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

Hedge funds have recently bought and sold shares of the business. Great Valley Advisor Group Inc. bought a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter valued at $211,000. Private Advisor Group LLC increased its position in Invesco S&P MidCap 400 Revenue ETF by 53.0% during the fourth quarter. Private Advisor Group LLC now owns 57,335 shares of the company’s stock valued at $6,022,000 after acquiring an additional 19,855 shares during the last quarter. Northwest Financial Advisors bought a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter valued at $31,000. Avantax Advisory Services Inc. bought a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter valued at $477,000. Finally, Janney Montgomery Scott LLC increased its position in Invesco S&P MidCap 400 Revenue ETF by 14.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 4,904 shares of the company’s stock valued at $515,000 after acquiring an additional 608 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.