Seros Financial LLC Buys New Position in Invesco S&P MidCap 400 Revenue ETF $RWK

Seros Financial LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,543 shares of the company’s stock, valued at approximately $454,000.

Several other large investors have also recently bought and sold shares of RWK. Vantagepoint Investment Advisers LLC boosted its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.5% in the 4th quarter. Vantagepoint Investment Advisers LLC now owns 540,584 shares of the company’s stock valued at $68,362,000 after purchasing an additional 23,259 shares during the period. J. Derek Lewis & Associates Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF during the 4th quarter worth about $1,331,000. RFG Advisory LLC purchased a new stake in Invesco S&P MidCap 400 Revenue ETF during the first quarter valued at about $678,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 114.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 27,750 shares of the company’s stock worth $3,559,000 after buying an additional 14,802 shares during the period. Finally, Resonant Capital Advisors LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 3.3% in the fourth quarter. Resonant Capital Advisors LLC now owns 164,309 shares of the company’s stock worth $20,778,000 after buying an additional 5,214 shares during the period.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Invesco S&P MidCap 400 Revenue ETF stock opened at $147.06 on Thursday. Invesco S&P MidCap 400 Revenue ETF has a fifty-two week low of $115.34 and a fifty-two week high of $148.30. The firm’s 50 day simple moving average is $142.65 and its 200-day simple moving average is $136.35. The company has a market cap of $1.30 billion, a P/E ratio of 14.05 and a beta of 1.06.

Invesco S&P MidCap 400 Revenue ETF Profile

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.