Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sets New 1-Year High – Time to Buy?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWKGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $130.04 and last traded at $129.58, with a volume of 15367 shares changing hands. The stock had previously closed at $126.96.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

The company has a 50-day moving average price of $124.32 and a 200-day moving average price of $121.87. The firm has a market capitalization of $1.06 billion, a P/E ratio of 14.05 and a beta of 1.17.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Revenue ETF

Several large investors have recently modified their holdings of RWK. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the second quarter valued at approximately $36,000. MAI Capital Management acquired a new stake in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter valued at $87,000. Sunbelt Securities Inc. acquired a new stake in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter valued at $109,000. Trust Co. of Vermont bought a new stake in Invesco S&P MidCap 400 Revenue ETF during the 2nd quarter worth about $117,000. Finally, Essex Financial Services Inc. acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter worth about $205,000.

Invesco S&P MidCap 400 Revenue ETF Company Profile

(Get Free Report)

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.

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