Shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $133.50 and last traded at $133.4230, with a volume of 904 shares. The stock had previously closed at $132.68.
Invesco S&P MidCap 400 Revenue ETF Stock Performance
The stock has a market capitalization of $1.12 billion, a P/E ratio of 14.05 and a beta of 1.17. The business has a fifty day simple moving average of $127.29 and a 200-day simple moving average of $124.73.
Institutional Investors Weigh In On Invesco S&P MidCap 400 Revenue ETF
Large investors have recently bought and sold shares of the stock. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the third quarter valued at about $64,671,000. Ameriprise Financial Inc. raised its stake in Invesco S&P MidCap 400 Revenue ETF by 455.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 575,707 shares of the company’s stock worth $71,958,000 after buying an additional 472,081 shares during the period. Bank of America Corp DE raised its stake in Invesco S&P MidCap 400 Revenue ETF by 44.3% during the 3rd quarter. Bank of America Corp DE now owns 253,339 shares of the company’s stock worth $31,670,000 after buying an additional 77,834 shares during the period. EverSource Wealth Advisors LLC bought a new position in Invesco S&P MidCap 400 Revenue ETF in the third quarter worth approximately $5,616,000. Finally, CWM LLC grew its stake in Invesco S&P MidCap 400 Revenue ETF by 10,333.0% in the third quarter. CWM LLC now owns 31,925 shares of the company’s stock valued at $3,991,000 after acquiring an additional 31,619 shares during the period.
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.
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