Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Strong Trading Volume – Here’s Why

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw strong trading volume on Friday . 29,412 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 26,504 shares.The stock last traded at $110.76 and had previously closed at $111.28.

Invesco S&P MidCap 400 Revenue ETF Stock Up 0.7 %

The firm’s 50-day moving average is $118.44 and its 200-day moving average is $118.00. The company has a market capitalization of $855.99 million, a PE ratio of 16.51 and a beta of 1.27.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

Several hedge funds have recently added to or reduced their stakes in the business. Fusion Family Wealth LLC lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 4.2% in the fourth quarter. Fusion Family Wealth LLC now owns 503,385 shares of the company’s stock worth $58,561,000 after purchasing an additional 20,164 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 7.4% in the fourth quarter. Wells Fargo & Company MN now owns 347,171 shares of the company’s stock worth $40,352,000 after purchasing an additional 24,004 shares during the last quarter. Prism Advisors Inc. lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 23.1% in the fourth quarter. Prism Advisors Inc. now owns 187,246 shares of the company’s stock worth $21,764,000 after purchasing an additional 35,080 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 154,708 shares of the company’s stock worth $17,982,000 after purchasing an additional 2,979 shares during the last quarter. Finally, Systelligence LLC lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 6.0% in the third quarter. Systelligence LLC now owns 138,329 shares of the company’s stock worth $16,090,000 after purchasing an additional 7,864 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.