LPL Financial LLC Sells 85,587 Shares of Invesco S&P SmallCap 600 Revenue ETF $RWJ

LPL Financial LLC trimmed its position in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) by 2.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 2,840,650 shares of the company’s stock after selling 85,587 shares during the period. LPL Financial LLC owned about 8.84% of Invesco S&P SmallCap 600 Revenue ETF worth $138,396,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RWJ. Raymond James Financial Inc. grew its position in Invesco S&P SmallCap 600 Revenue ETF by 20.8% in the 3rd quarter. Raymond James Financial Inc. now owns 781,748 shares of the company’s stock worth $37,758,000 after purchasing an additional 134,756 shares in the last quarter. Bank of America Corp DE grew its position in Invesco S&P SmallCap 600 Revenue ETF by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 1,190,231 shares of the company’s stock worth $51,525,000 after purchasing an additional 62,371 shares in the last quarter. CPC Advisors LLC grew its position in Invesco S&P SmallCap 600 Revenue ETF by 12.6% in the 4th quarter. CPC Advisors LLC now owns 365,973 shares of the company’s stock worth $17,830,000 after purchasing an additional 41,082 shares in the last quarter. Fusion Family Wealth LLC grew its position in Invesco S&P SmallCap 600 Revenue ETF by 2.7% in the 4th quarter. Fusion Family Wealth LLC now owns 1,478,001 shares of the company’s stock worth $72,008,000 after purchasing an additional 38,370 shares in the last quarter. Finally, Adapt Wealth Advisors LLC bought a new stake in Invesco S&P SmallCap 600 Revenue ETF in the 3rd quarter worth about $1,676,000.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

Shares of RWJ stock opened at $56.93 on Thursday. Invesco S&P SmallCap 600 Revenue ETF has a 52-week low of $41.44 and a 52-week high of $57.83. The company has a 50-day simple moving average of $54.61 and a two-hundred day simple moving average of $52.20. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 13.17 and a beta of 1.08.

Invesco S&P SmallCap 600 Revenue ETF 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.