Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Strong Trading Volume – What’s Next?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw unusually-strong trading volume on Friday . Approximately 39,561 shares were traded during mid-day trading, an increase of 66% from the previous session’s volume of 23,814 shares.The stock last traded at $119.84 and had previously closed at $121.37.

Invesco S&P MidCap 400 Revenue ETF Price Performance

The firm has a fifty day moving average price of $120.19 and a two-hundred day moving average price of $117.22. The stock has a market capitalization of $816.45 million, a PE ratio of 12.24 and a beta of 1.06.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

A number of institutional investors have recently made changes to their positions in the business. Truist Financial Corp raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 50.9% during the 2nd quarter. Truist Financial Corp now owns 17,270 shares of the company’s stock valued at $1,896,000 after buying an additional 5,829 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 54.7% during the 2nd quarter. Cetera Investment Advisers now owns 22,858 shares of the company’s stock valued at $2,509,000 after buying an additional 8,080 shares during the last quarter. Willner & Heller LLC raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 6.1% during the 3rd quarter. Willner & Heller LLC now owns 3,032 shares of the company’s stock valued at $353,000 after buying an additional 174 shares during the last quarter. Empirical Asset Management LLC purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter valued at about $209,000. Finally, Prism Advisors Inc. purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter valued at about $17,700,000.

Invesco S&P MidCap 400 Revenue ETF Company Profile

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.