HighTower Advisors LLC Reduces Stock Position in Invesco S&P SmallCap 600 Revenue ETF $RWJ

HighTower Advisors LLC cut its stake in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) by 3.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,644 shares of the company’s stock after selling 876 shares during the period. HighTower Advisors LLC owned approximately 0.07% of Invesco S&P SmallCap 600 Revenue ETF worth $1,084,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in Invesco S&P SmallCap 600 Revenue ETF by 2.0% in the first quarter. LPL Financial LLC now owns 3,164,873 shares of the company’s stock valued at $128,810,000 after buying an additional 62,401 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Invesco S&P SmallCap 600 Revenue ETF by 12.7% in the fourth quarter. Ameriprise Financial Inc. now owns 2,143,693 shares of the company’s stock valued at $98,093,000 after buying an additional 241,111 shares in the last quarter. Fusion Family Wealth LLC increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 4.5% during the 1st quarter. Fusion Family Wealth LLC now owns 1,425,274 shares of the company’s stock worth $58,009,000 after purchasing an additional 61,107 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 10.3% during the 4th quarter. Bank of America Corp DE now owns 1,046,759 shares of the company’s stock worth $47,900,000 after purchasing an additional 97,370 shares in the last quarter. Finally, Focus Partners Wealth increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 277.3% during the 4th quarter. Focus Partners Wealth now owns 377,439 shares of the company’s stock worth $17,272,000 after purchasing an additional 277,405 shares in the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Price Performance

Shares of RWJ opened at $47.48 on Wednesday. The firm has a 50 day simple moving average of $44.77 and a 200-day simple moving average of $42.41. Invesco S&P SmallCap 600 Revenue ETF has a 1-year low of $34.31 and a 1-year high of $49.92. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of 13.17 and a beta of 1.32.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

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.