Fusion Family Wealth LLC Grows Position in Invesco S&P MidCap 400 Revenue ETF $RWK

Fusion Family Wealth LLC boosted its holdings in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 2.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 551,484 shares of the company’s stock after acquiring an additional 13,960 shares during the period. Invesco S&P MidCap 400 Revenue ETF comprises 5.3% of Fusion Family Wealth LLC’s holdings, making the stock its 8th biggest position. Fusion Family Wealth LLC owned approximately 0.06% of Invesco S&P MidCap 400 Revenue ETF worth $70,733,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter worth approximately $30,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $65,000. Greenline Wealth Management LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $67,000. Arax Advisory Partners bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $108,000. Finally, Sunbelt Securities Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF during the third quarter worth approximately $109,000.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Shares of NYSEARCA:RWK opened at $146.44 on Wednesday. The business’s 50 day simple moving average is $142.54 and its 200 day simple moving average is $136.23. Invesco S&P MidCap 400 Revenue ETF has a 1 year low of $115.34 and a 1 year high of $148.24. The company has a market capitalization of $1.29 billion, a P/E ratio of 14.05 and a beta of 1.06.

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.