EverSource Wealth Advisors LLC Takes Position in Invesco S&P MidCap 400 Revenue ETF $RWK

EverSource Wealth Advisors LLC acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 44,928 shares of the company’s stock, valued at approximately $5,616,000. EverSource Wealth Advisors LLC owned about 0.55% of Invesco S&P MidCap 400 Revenue ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of RWK. Essex Financial Services Inc. bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the third quarter worth about $205,000. Capital Square LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.2% in the 2nd quarter. Capital Square LLC now owns 2,409 shares of the company’s stock valued at $295,000 after purchasing an additional 98 shares during the period. J.W. Cole Advisors Inc. increased its stake in Invesco S&P MidCap 400 Revenue ETF by 9.3% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 3,913 shares of the company’s stock worth $457,000 after purchasing an additional 332 shares in the last quarter. Advisory Services Network LLC raised its holdings in Invesco S&P MidCap 400 Revenue ETF by 4.6% during the 2nd quarter. Advisory Services Network LLC now owns 6,192 shares of the company’s stock worth $739,000 after buying an additional 274 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its stake in Invesco S&P MidCap 400 Revenue ETF by 2.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 7,064 shares of the company’s stock valued at $826,000 after buying an additional 145 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Down 2.2%

RWK opened at $134.66 on Tuesday. The firm’s fifty day simple moving average is $132.60 and its 200 day simple moving average is $127.51. The stock has a market capitalization of $1.14 billion, a P/E ratio of 14.05 and a beta of 1.17. Invesco S&P MidCap 400 Revenue ETF has a 12 month low of $93.24 and a 12 month high of $139.41.

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. 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.