Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Reaches New 52-Week High – Here’s What Happened

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $54.00 and last traded at $53.7490, with a volume of 13450 shares traded. The stock had previously closed at $52.77.

Invesco S&P SmallCap 600 Revenue ETF Stock Up 2.1%

The stock has a 50-day moving average of $50.50 and a 200-day moving average of $48.31. The company has a market cap of $1.73 billion, a PE ratio of 13.17 and a beta of 1.15.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Revenue ETF

A number of institutional investors have recently made changes to their positions in the stock. Aviso Financial Inc. bought a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF during the 2nd quarter worth $26,000. Allworth Financial LP increased its stake in Invesco S&P SmallCap 600 Revenue ETF by 235.5% in the second quarter. Allworth Financial LP now owns 671 shares of the company’s stock valued at $29,000 after acquiring an additional 471 shares during the last quarter. CWM LLC raised its position in Invesco S&P SmallCap 600 Revenue ETF by 223.5% during the second quarter. CWM LLC now owns 812 shares of the company’s stock valued at $35,000 after purchasing an additional 561 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Invesco S&P SmallCap 600 Revenue ETF by 913.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,125 shares of the company’s stock worth $54,000 after purchasing an additional 1,014 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 2nd quarter worth about $96,000.

About Invesco S&P SmallCap 600 Revenue ETF

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.