Prism Advisors Inc. Cuts Position in Invesco S&P MidCap 400 Revenue ETF $RWK

Prism Advisors Inc. trimmed its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 90.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,822 shares of the company’s stock after selling 123,580 shares during the period. Prism Advisors Inc. owned 0.16% of Invesco S&P MidCap 400 Revenue ETF worth $1,603,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Ameritas Advisory Services LLC purchased a new position in Invesco S&P MidCap 400 Revenue ETF in the second quarter valued at about $36,000. Trust Co. of Vermont purchased a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the second quarter valued at about $117,000. Capital Square LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 4.2% in the 2nd quarter. Capital Square LLC now owns 2,409 shares of the company’s stock valued at $295,000 after buying an additional 98 shares in the last quarter. Harbour Investments Inc. grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 27.6% in the 2nd quarter. Harbour Investments Inc. now owns 2,532 shares of the company’s stock worth $296,000 after buying an additional 547 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 7.5% in the 1st quarter. HighTower Advisors LLC now owns 3,881 shares of the company’s stock worth $419,000 after buying an additional 270 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Up 0.1%

NYSEARCA:RWK opened at $129.18 on Tuesday. Invesco S&P MidCap 400 Revenue ETF has a 52 week low of $93.24 and a 52 week high of $131.17. The firm has a 50 day moving average of $125.22 and a 200 day moving average of $122.92. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 14.05 and a beta of 1.17.

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.