Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sets New 1-Year High – Time to Buy?

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $60.42 and last traded at $60.42, with a volume of 23534 shares changing hands. The stock had previously closed at $59.65.

Invesco S&P SmallCap 600 Revenue ETF Trading Up 1.2%

The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 13.17 and a beta of 1.07. The firm’s 50-day moving average is $57.19 and its two-hundred day moving average is $53.86.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

A number of institutional investors have recently made changes to their positions in the company. First Bank & Trust increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 17.7% during the second quarter. First Bank & Trust now owns 36,569 shares of the company’s stock worth $2,176,000 after purchasing an additional 5,491 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in Invesco S&P SmallCap 600 Revenue ETF by 2.1% in the 2nd quarter. CoreCap Advisors LLC now owns 61,854 shares of the company’s stock valued at $3,680,000 after purchasing an additional 1,282 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Invesco S&P SmallCap 600 Revenue ETF by 4.8% in the 1st quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock valued at $2,226,000 after purchasing an additional 2,000 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in Invesco S&P SmallCap 600 Revenue ETF during the 1st quarter worth $366,000. Finally, Wellington Grp LLC boosted its stake in Invesco S&P SmallCap 600 Revenue ETF by 8.0% during the 1st quarter. Wellington Grp LLC now owns 485,446 shares of the company’s stock worth $24,505,000 after purchasing an additional 35,805 shares during the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

(Get Free Report)

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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