Independent Wealth Network Inc. Acquires Shares of 4,079 Invesco S&P MidCap 400 Revenue ETF $RWK

Independent Wealth Network Inc. acquired a new position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,079 shares of the company’s stock, valued at approximately $523,000.

Several other large investors also recently made changes to their positions in RWK. Vantagepoint Investment Advisers LLC lifted its position in Invesco S&P MidCap 400 Revenue ETF by 4.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 540,584 shares of the company’s stock worth $68,362,000 after buying an additional 23,259 shares in the last quarter. J. Derek Lewis & Associates Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF in the 4th quarter valued at about $1,331,000. Resonant Capital Advisors LLC increased its position in Invesco S&P MidCap 400 Revenue ETF by 3.3% in the 4th quarter. Resonant Capital Advisors LLC now owns 164,309 shares of the company’s stock valued at $20,778,000 after acquiring an additional 5,214 shares in the last quarter. Fusion Family Wealth LLC raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 3.5% in the fourth quarter. Fusion Family Wealth LLC now owns 537,524 shares of the company’s stock worth $67,975,000 after acquiring an additional 18,153 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 446.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 659,036 shares of the company’s stock worth $83,342,000 after acquiring an additional 538,536 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Up 0.2%

Shares of RWK stock opened at $145.91 on Friday. Invesco S&P MidCap 400 Revenue ETF has a 1 year low of $115.34 and a 1 year high of $148.24. The firm’s 50 day moving average is $140.81 and its 200-day moving average is $134.73. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 14.05 and a beta of 1.07.

Invesco S&P MidCap 400 Revenue ETF Company 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.