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

Shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw strong trading volume on Thursday . 116,272 shares changed hands during trading, an increase of 349% from the previous session’s volume of 25,923 shares.The stock last traded at $111.28 and had previously closed at $111.21.

Invesco S&P MidCap 400 Revenue ETF Stock Down 0.6 %

The stock has a market cap of $844.62 million, a P/E ratio of 15.30 and a beta of 1.27. The business’s 50 day simple moving average is $117.29 and its two-hundred day simple moving average is $117.70.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

Hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Invesco S&P MidCap 400 Revenue ETF in the 4th quarter valued at approximately $14,068,000. Seros Financial LLC acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth $7,766,000. Ipsen Advisor Group LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter worth $4,747,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at $4,116,000. Finally, Prism Advisors Inc. lifted its holdings in Invesco S&P MidCap 400 Revenue ETF by 23.1% during the 4th quarter. Prism Advisors Inc. now owns 187,246 shares of the company’s stock worth $21,764,000 after buying an additional 35,080 shares during the period.

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.