Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 123,700 shares, an increase of 115.6% from the August 15th total of 57,382 shares. Based on an average daily volume of 85,375 shares, the short-interest ratio is presently 1.4 days. Currently, 0.4% of the company’s stock are sold short.
Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 32.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 8,757 shares of the company’s stock valued at $521,000 after buying an additional 2,147 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 7.7% in the 2nd quarter. NewEdge Advisors LLC now owns 47,471 shares of the company’s stock valued at $2,825,000 after acquiring an additional 3,381 shares during the period. Hudock Inc. purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 2nd quarter valued at approximately $209,000. Waverly Advisors LLC purchased a new position in Invesco S&P SmallCap 600 Revenue ETF during the second quarter worth about $391,000. Finally, Citadel Advisors LLC acquired a new stake in Invesco S&P SmallCap 600 Revenue ETF in the second quarter valued at $1,756,000.
Invesco S&P SmallCap 600 Revenue ETF Trading Down 0.8%
Shares of NYSEARCA:RWJ opened at $59.08 on Wednesday. The company’s 50 day moving average is $60.84 and its 200 day moving average is $56.68. The company has a market cap of $2.00 billion, a PE ratio of 13.17 and a beta of 1.07. Invesco S&P SmallCap 600 Revenue ETF has a twelve month low of $44.70 and a twelve month high of $62.86.
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.
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