Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Short Interest Update

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) saw a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 14,900 shares, a drop of 34.4% from the May 15th total of 22,700 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Copia Wealth Management acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at about $35,000. Private Trust Co. NA grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 18.9% in the first quarter. Private Trust Co. NA now owns 1,209 shares of the company’s stock valued at $130,000 after purchasing an additional 192 shares during the period. Harbour Investments Inc. grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 28.8% in the fourth quarter. Harbour Investments Inc. now owns 1,517 shares of the company’s stock valued at $176,000 after purchasing an additional 339 shares during the period. J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at about $203,000. Finally, Focus Partners Wealth acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at about $209,000.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

RWK stock opened at $114.89 on Tuesday. The firm has a market cap of $820.31 million, a PE ratio of 14.15 and a beta of 1.18. The firm’s fifty day moving average is $109.05 and its 200 day moving average is $113.64. Invesco S&P MidCap 400 Revenue ETF has a one year low of $93.24 and a one year high of $127.38.

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.