RVW Wealth LLC Boosts Stock Position in Invesco S&P MidCap 400 Revenue ETF $RWK

RVW Wealth LLC grew its holdings in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 9.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,463 shares of the company’s stock after acquiring an additional 10,876 shares during the period. Invesco S&P MidCap 400 Revenue ETF comprises approximately 1.2% of RVW Wealth LLC’s portfolio, making the stock its 24th largest position. RVW Wealth LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $18,789,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in RWK. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the 4th quarter valued at $30,000. Flagship Harbor Advisors LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at $65,000. Greenline Wealth Management LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at $67,000. Arax Advisory Partners purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth about $108,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the third quarter worth about $109,000.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

RWK opened at $150.64 on Friday. The business’s 50-day simple moving average is $146.00 and its 200-day simple moving average is $138.43. Invesco S&P MidCap 400 Revenue ETF has a one year low of $117.47 and a one year high of $152.74. The stock has a market capitalization of $1.34 billion, a P/E ratio of 14.05 and a beta of 1.06.

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.