Invesco S&P MidCap 400 Revenue ETF $RWK Shares Sold by RVW Wealth LLC

RVW Wealth LLC lessened its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 4.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 130,227 shares of the company’s stock after selling 6,212 shares during the period. Invesco S&P MidCap 400 Revenue ETF comprises about 1.3% of RVW Wealth LLC’s holdings, making the stock its 24th biggest position. RVW Wealth LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $16,469,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Western Wealth Management LLC boosted its position in Invesco S&P MidCap 400 Revenue ETF by 0.9% during the third quarter. Western Wealth Management LLC now owns 15,433 shares of the company’s stock worth $1,929,000 after acquiring an additional 141 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in Invesco S&P MidCap 400 Revenue ETF by 2.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 7,064 shares of the company’s stock worth $826,000 after acquiring an additional 145 shares during the period. Advisory Services Network LLC raised its holdings in Invesco S&P MidCap 400 Revenue ETF by 4.6% in the 2nd quarter. Advisory Services Network LLC now owns 6,192 shares of the company’s stock valued at $739,000 after acquiring an additional 274 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in Invesco S&P MidCap 400 Revenue ETF by 9.3% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 3,913 shares of the company’s stock valued at $457,000 after acquiring an additional 332 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 1.6% during the 2nd quarter. Cetera Investment Advisers now owns 21,694 shares of the company’s stock worth $2,536,000 after purchasing an additional 346 shares during the period.

Invesco S&P MidCap 400 Revenue ETF Stock Up 1.7%

RWK stock opened at $125.94 on Tuesday. Invesco S&P MidCap 400 Revenue ETF has a 52-week low of $93.24 and a 52-week high of $139.41. The stock’s fifty day simple moving average is $132.93 and its 200-day simple moving average is $128.47. 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.