Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Large Volume Increase – Should You Buy?

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJGet Free Report) saw unusually-high trading volume on Wednesday . Approximately 310,713 shares changed hands during mid-day trading, an increase of 256% from the previous session’s volume of 87,197 shares.The stock last traded at $57.38 and had previously closed at $57.19.

Invesco S&P SmallCap 600 Revenue ETF Stock Up 0.3%

The company has a fifty day moving average price of $54.45 and a 200-day moving average price of $52.11. The stock has a market capitalization of $1.88 billion, a P/E ratio of 13.17 and a beta of 1.08.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Several large investors have recently added to or reduced their stakes in the stock. Greenline Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF during the 4th quarter valued at $31,000. Ameriflex Group Inc. purchased a new stake in Invesco S&P SmallCap 600 Revenue ETF in the fourth quarter valued at approximately $42,000. AlphaCore Capital LLC raised its position in Invesco S&P SmallCap 600 Revenue ETF by 341.4% in the fourth quarter. AlphaCore Capital LLC now owns 927 shares of the company’s stock valued at $45,000 after purchasing an additional 717 shares during the period. PNC Financial Services Group Inc. raised its position in Invesco S&P SmallCap 600 Revenue ETF by 913.5% in the third quarter. PNC Financial Services Group Inc. now owns 1,125 shares of the company’s stock valued at $54,000 after purchasing an additional 1,014 shares during the period. Finally, Lion Street Advisors LLC purchased a new stake in Invesco S&P SmallCap 600 Revenue ETF in the third quarter valued at approximately $110,000.

About Invesco S&P SmallCap 600 Revenue ETF

(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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