Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw strong trading volume on Tuesday . 244,439 shares traded hands during trading, an increase of 149% from the previous session’s volume of 98,345 shares.The stock last traded at $52.9850 and had previously closed at $52.09.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

The stock’s fifty day moving average price is $50.41 and its 200-day moving average price is $48.25. The firm has a market cap of $1.68 billion, a PE ratio of 13.17 and a beta of 1.15.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Aviso Financial Inc. acquired a new position in Invesco S&P SmallCap 600 Revenue ETF during the second quarter worth $26,000. Allworth Financial LP grew its holdings in Invesco S&P SmallCap 600 Revenue ETF by 235.5% in the second quarter. Allworth Financial LP now owns 671 shares of the company’s stock valued at $29,000 after purchasing an additional 471 shares during the last quarter. CWM LLC increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 223.5% in the second quarter. CWM LLC now owns 812 shares of the company’s stock valued at $35,000 after buying an additional 561 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 913.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,125 shares of the company’s stock worth $54,000 after buying an additional 1,014 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF in the 2nd quarter worth about $96,000.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

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.