Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Large Volume Increase – Still a Buy?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) shares saw strong trading volume on Thursday . 116,272 shares traded hands during mid-day trading, an increase of 349% from the previous session’s volume of 25,923 shares.The stock last traded at $111.28 and had previously closed at $111.21.

Invesco S&P MidCap 400 Revenue ETF Stock Down 0.6 %

The firm has a market capitalization of $844.62 million, a price-to-earnings ratio of 15.30 and a beta of 1.27. The company’s 50 day moving average is $117.29 and its 200 day moving average is $117.70.

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

Large investors have recently bought and sold shares of the company. Nwam LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the third quarter worth about $2,176,000. CreativeOne Wealth LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the third quarter worth about $648,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 4.0% in the third quarter. Rockefeller Capital Management L.P. now owns 14,207 shares of the company’s stock worth $1,653,000 after acquiring an additional 549 shares during the last quarter. Flow Traders U.S. LLC bought a new position in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter valued at approximately $289,000. Finally, Integrated Wealth Concepts LLC raised its holdings in Invesco S&P MidCap 400 Revenue ETF by 3.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 26,070 shares of the company’s stock valued at $3,032,000 after buying an additional 848 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.