Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Strong Trading Volume – What’s Next?

Shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw an uptick in trading volume on Friday . 389,077 shares were traded during mid-day trading, an increase of 182% from the previous session’s volume of 137,980 shares.The stock last traded at $36.49 and had previously closed at $38.14.

Invesco S&P SmallCap 600 Revenue ETF Price Performance

The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 12.25 and a beta of 1.19. The business has a fifty day moving average of $43.79 and a 200 day moving average of $45.54.

Invesco S&P SmallCap 600 Revenue ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Glass Jacobson Investment Advisors llc lifted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 258.7% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 807 shares of the company’s stock worth $37,000 after purchasing an additional 582 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 110,500.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,106 shares of the company’s stock valued at $51,000 after acquiring an additional 1,105 shares during the period. Kiker Wealth Management LLC acquired a new position in Invesco S&P SmallCap 600 Revenue ETF in the fourth quarter valued at about $81,000. Sandy Spring Bank acquired a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 4th quarter worth approximately $85,000. Finally, First Command Advisory Services Inc. boosted its stake in Invesco S&P SmallCap 600 Revenue ETF by 10.2% in the fourth quarter. First Command Advisory Services Inc. now owns 2,655 shares of the company’s stock worth $121,000 after purchasing an additional 245 shares in the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.