Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Update

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 26,700 shares, agrowthof413.5% from the June 30th total of 5,200 shares. Based on an average daily trading volume, of 134,700 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 134,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CWM LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 223.5% in the 2nd quarter. CWM LLC now owns 812 shares of the company’s stock valued at $35,000 after buying an additional 561 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 258.7% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 807 shares of the company’s stock valued at $37,000 after buying an additional 582 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 110,500.0% in the 4th quarter. Aptus Capital Advisors LLC now owns 1,106 shares of the company’s stock valued at $51,000 after buying an additional 1,105 shares during the last quarter. NorthRock Partners LLC purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter valued at $73,000. Finally, Nova Wealth Management Inc. grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 481.7% in the 2nd quarter. Nova Wealth Management Inc. now owns 2,100 shares of the company’s stock valued at $91,000 after buying an additional 1,739 shares during the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

RWJ opened at $42.88 on Friday. Invesco S&P SmallCap 600 Revenue ETF has a fifty-two week low of $34.31 and a fifty-two week high of $49.92. The company has a fifty day moving average of $43.50 and a two-hundred day moving average of $42.60. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 13.17 and a beta of 1.32.

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.