Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Strong Trading Volume – What’s Next?

Shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw strong trading volume on Friday . 389,077 shares changed hands during trading, an increase of 182% from the previous session’s volume of 137,980 shares.The stock last traded at $36.49 and had previously closed at $38.14.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 3.6 %

The company’s 50 day moving average price is $44.02 and its two-hundred day moving average price is $45.59. The firm has a market cap of $1.43 billion, a PE ratio of 12.25 and a beta of 1.19.

Invesco S&P SmallCap 600 Revenue ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.13 per share. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in Invesco S&P SmallCap 600 Revenue ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 3,102,472 shares of the company’s stock valued at $141,969,000 after purchasing an additional 192,734 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 12.7% in the 4th quarter. Ameriprise Financial Inc. now owns 2,143,693 shares of the company’s stock valued at $98,093,000 after acquiring an additional 241,111 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 4th quarter valued at $68,129,000. Fusion Family Wealth LLC raised its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 2.5% in the 4th quarter. Fusion Family Wealth LLC now owns 1,364,167 shares of the company’s stock worth $62,424,000 after acquiring an additional 33,471 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 10.3% during the 4th quarter. Bank of America Corp DE now owns 1,046,759 shares of the company’s stock worth $47,900,000 after purchasing an additional 97,370 shares during the last quarter.

About Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.