Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Hits New 12-Month High – What’s Next?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) shares hit a new 52-week high on Friday . The company traded as high as $129.27 and last traded at $126.53, with a volume of 2258 shares trading hands. The stock had previously closed at $127.38.

Invesco S&P MidCap 400 Revenue ETF Trading Down 0.7%

The firm has a market capitalization of $895.76 million, a PE ratio of 14.05 and a beta of 1.31. The business’s 50 day simple moving average is $123.10 and its two-hundred day simple moving average is $114.84.

Institutional Investors Weigh In On Invesco S&P MidCap 400 Revenue ETF

A number of hedge funds have recently added to or reduced their stakes in RWK. Jane Street Group LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at $220,000. Focus Partners Wealth bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at $209,000. Waverly Advisors LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at $1,075,000. United Advisor Group LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at $245,000. Finally, Leigh Baldwin & CO. LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at $560,000.

Invesco S&P MidCap 400 Revenue ETF Company 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.