US Bancorp DE Trims Stock Holdings in Invesco S&P MidCap 400 Revenue ETF $RWK

US Bancorp DE decreased its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 75.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,036 shares of the company’s stock after selling 6,234 shares during the quarter. US Bancorp DE’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $255,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RWK. Vantagepoint Investment Advisers LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter worth about $64,671,000. EverSource Wealth Advisors LLC purchased a new stake in Invesco S&P MidCap 400 Revenue ETF in the third quarter worth about $5,616,000. CWM LLC increased its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 10,333.0% during the third quarter. CWM LLC now owns 31,925 shares of the company’s stock valued at $3,991,000 after purchasing an additional 31,619 shares in the last quarter. Nwam LLC increased its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 91.1% during the third quarter. Nwam LLC now owns 39,595 shares of the company’s stock valued at $4,928,000 after purchasing an additional 18,871 shares in the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 60.7% during the second quarter. MML Investors Services LLC now owns 41,298 shares of the company’s stock valued at $4,827,000 after purchasing an additional 15,593 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Up 0.3%

Shares of RWK opened at $128.19 on Thursday. The stock has a market cap of $1.08 billion, a P/E ratio of 14.05 and a beta of 1.17. The business’s 50 day moving average price is $133.60 and its 200-day moving average price is $128.43. Invesco S&P MidCap 400 Revenue ETF has a 52 week low of $93.24 and a 52 week high of $139.41.

About Invesco S&P MidCap 400 Revenue ETF

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. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.