US Bancorp DE Sells 6,234 Shares of Invesco S&P MidCap 400 Revenue ETF $RWK

US Bancorp DE cut its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 75.4% in the third quarter, HoldingsChannel.com reports. The firm owned 2,036 shares of the company’s stock after selling 6,234 shares during the quarter. US Bancorp DE’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $255,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. MAI Capital Management bought a new position in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter worth $87,000. Essex Financial Services Inc. purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the third quarter valued at about $205,000. Capital Square LLC lifted its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.2% in the second quarter. Capital Square LLC now owns 2,409 shares of the company’s stock valued at $295,000 after acquiring an additional 98 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 9.3% during the second 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. Finally, Advisory Services Network LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.6% during the second quarter. Advisory Services Network LLC now owns 6,192 shares of the company’s stock worth $739,000 after purchasing an additional 274 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Up 0.3%

Shares of RWK opened at $128.19 on Thursday. The business’s 50 day moving average is $133.60 and its 200 day moving average is $128.43. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $93.24 and a 12-month high of $139.41. The company has a market capitalization of $1.08 billion, a PE ratio of 14.05 and a beta of 1.17.

Invesco S&P MidCap 400 Revenue ETF 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.