Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 105,101 shares, a growth of 82.2% from the September 15th total of 57,696 shares. Based on an average daily volume of 104,404 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the company’s shares are sold short.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Independent Financial Group LLC bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter worth approximately $8,129,000. Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 8.4% in the first quarter. Bank of America Corp DE now owns 1,339,599 shares of the company’s stock worth $67,623,000 after buying an additional 104,300 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its holdings in Invesco S&P SmallCap 600 Revenue ETF by 106.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 75,170 shares of the company’s stock worth $3,795,000 after purchasing an additional 38,696 shares during the period. Citadel Advisors LLC bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF during the 2nd quarter valued at approximately $1,756,000. Finally, Wellington Grp LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 4.7% during the second quarter. Wellington Grp LLC now owns 508,130 shares of the company’s stock worth $30,234,000 after purchasing an additional 22,684 shares in the last quarter.
Invesco S&P SmallCap 600 Revenue ETF Trading Down 0.8%
Shares of RWJ traded down $0.43 on Friday, reaching $57.08. 215,429 shares of the company’s stock traded hands, compared to its average volume of 91,202. The stock has a market cap of $1.98 billion, a PE ratio of 13.17 and a beta of 1.10. Invesco S&P SmallCap 600 Revenue ETF has a 52-week low of $44.70 and a 52-week high of $62.86. The stock’s 50 day simple moving average is $59.36 and its two-hundred day simple moving average is $57.75.
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.
Read More
- Five stocks we like better than Invesco S&P SmallCap 600 Revenue ETF
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Invesco S&P SmallCap 600 Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap 600 Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
