Invesco S&P MidCap 400 Revenue ETF $RWK Shares Bought by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC grew its holdings in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 114.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 27,750 shares of the company’s stock after acquiring an additional 14,802 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $3,559,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in RWK. Morgan Stanley increased its position in Invesco S&P MidCap 400 Revenue ETF by 7.4% in the 4th quarter. Morgan Stanley now owns 938,017 shares of the company’s stock valued at $118,622,000 after acquiring an additional 64,763 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P MidCap 400 Revenue ETF by 446.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 659,036 shares of the company’s stock valued at $83,342,000 after acquiring an additional 538,536 shares during the last quarter. LPL Financial LLC lifted its position in Invesco S&P MidCap 400 Revenue ETF by 3.1% during the 4th quarter. LPL Financial LLC now owns 603,545 shares of the company’s stock worth $76,324,000 after acquiring an additional 18,274 shares during the period. Ameriprise Financial Inc. lifted its position 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 acquiring an additional 472,081 shares during the period. Finally, Vantagepoint Investment Advisers LLC grew its stake 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 last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

NYSEARCA:RWK opened at $145.91 on Monday. The firm has a market cap of $1.27 billion, a P/E ratio of 14.05 and a beta of 1.07. The stock’s 50 day simple moving average is $140.81 and its 200-day simple moving average is $134.79. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $115.34 and a 12-month high of $148.24.

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.