Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Down 41.0% in July

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 60,652 shares, a decline of 41.0% from the July 15th total of 102,881 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 86,922 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Several hedge funds have recently made changes to their positions in the company. First Bank & Trust lifted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 17.7% in the second quarter. First Bank & Trust now owns 36,569 shares of the company’s stock valued at $2,176,000 after purchasing an additional 5,491 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 2.1% during the second quarter. CoreCap Advisors LLC now owns 61,854 shares of the company’s stock valued at $3,680,000 after buying an additional 1,282 shares in the last quarter. NewEdge Advisors LLC raised its position in Invesco S&P SmallCap 600 Revenue ETF by 4.8% during the first quarter. NewEdge Advisors LLC now owns 44,090 shares of the company’s stock valued at $2,226,000 after buying an additional 2,000 shares during the period. Financial Solutions Advisory Group Inc. acquired a new position in Invesco S&P SmallCap 600 Revenue ETF during the first quarter valued at $366,000. Finally, Wellington Grp LLC lifted its stake in Invesco S&P SmallCap 600 Revenue ETF by 8.0% in the 1st quarter. Wellington Grp LLC now owns 485,446 shares of the company’s stock worth $24,505,000 after acquiring an additional 35,805 shares in the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

RWJ stock opened at $62.29 on Monday. Invesco S&P SmallCap 600 Revenue ETF has a one year low of $44.70 and a one year high of $62.86. The firm has a market capitalization of $2.11 billion, a PE ratio of 13.17 and a beta of 1.08. The firm has a 50-day moving average of $59.90 and a two-hundred day moving average of $55.52.

About Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.