Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $146.05 and last traded at $144.29, with a volume of 5644 shares changing hands. The stock had previously closed at $141.94.
Invesco S&P MidCap 400 Revenue ETF Price Performance
The company’s 50-day moving average price is $137.16 and its 200-day moving average price is $132.88. The company has a market cap of $1.24 billion, a P/E ratio of 14.05 and a beta of 1.07.
Institutional Trading of Invesco S&P MidCap 400 Revenue ETF
A number of hedge funds have recently made changes to their positions in RWK. Farther Finance Advisors LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth approximately $30,000. Flagship Harbor Advisors LLC bought a new position in Invesco S&P MidCap 400 Revenue ETF in the 4th quarter valued at about $65,000. Greenline Wealth Management LLC bought a new position in Invesco S&P MidCap 400 Revenue ETF in the 4th quarter valued at about $67,000. MAI Capital Management acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the third quarter worth about $87,000. Finally, Arax Advisory Partners acquired a new stake in Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $108,000.
About Invesco S&P MidCap 400 Revenue ETF
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. But rather than being weighted by market capitalization, the Fund employs a patent-pending investment methodology to weight stocks by annual revenue. The Fund is rebalanced annually.
Read More
- Five stocks we like better than Invesco S&P MidCap 400 Revenue ETF
- Why’s Amazon Suddenly Lagging the S&P 500, and Is It a Warning?
- Crypto Winter Is Here: 3 Stocks To Put On Ice This Summer
- The J.M. Smucker Company’s Dividend: Too Sweet to Ignore?
- From Crypto to AI: Insiders Are Trading These 3 Stocks
Receive News & Ratings for Invesco S&P MidCap 400 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 MidCap 400 Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
