Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Unusually-High Trading Volume

Posted by Tyrone Williams on Jul 25th, 2024

Shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 108,974 shares changed hands during trading, an increase of 328% from the previous session’s volume of 25,468 shares.The stock last traded at $113.96 and had previously closed at $113.84.

Invesco S&P MidCap 400 Revenue ETF Trading Down 1.8 %

The company has a 50-day moving average price of $111.53 and a two-hundred day moving average price of $109.32. The stock has a market cap of $761.97 million, a P/E ratio of 12.24 and a beta of 1.06.

Hedge Funds Weigh In On Invesco S&P MidCap 400 Revenue ETF

Several hedge funds have recently added to or reduced their stakes in RWK. Comerica Bank increased its stake in Invesco S&P MidCap 400 Revenue ETF by 2.8% in the 1st quarter. Comerica Bank now owns 3,310 shares of the company’s stock worth $381,000 after buying an additional 90 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 5.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,498 shares of the company’s stock worth $367,000 after buying an additional 176 shares in the last quarter. Willner & Heller LLC increased its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 9.8% during the second quarter. Willner & Heller LLC now owns 2,858 shares of the company’s stock valued at $314,000 after buying an additional 254 shares during the period. Northwest Financial Advisors bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at about $31,000. Finally, Great Valley Advisor Group Inc. lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 16.1% in the second quarter. Great Valley Advisor Group Inc. now owns 2,329 shares of the company’s stock worth $256,000 after acquiring an additional 323 shares during the period.

About Invesco S&P MidCap 400 Revenue ETF

(Get Free Report)

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.