Invesco S&P MidCap 400 Revenue ETF $RWK Holdings Lessened by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. lessened its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 46.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,906 shares of the company’s stock after selling 5,062 shares during the quarter. J. Derek Lewis & Associates Inc.’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $818,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Vantagepoint Investment Advisers LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the third quarter worth $76,527,000. Fusion Family Wealth LLC grew its stake in Invesco S&P MidCap 400 Revenue ETF by 2.6% during the first quarter. Fusion Family Wealth LLC now owns 551,484 shares of the company’s stock valued at $70,733,000 after acquiring an additional 13,960 shares in the last quarter. Bank of America Corp DE grew its stake in Invesco S&P MidCap 400 Revenue ETF by 16.9% during the first quarter. Bank of America Corp DE now owns 326,143 shares of the company’s stock valued at $41,831,000 after acquiring an additional 47,267 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 914.2% in the 1st quarter. Bleakley Financial Group LLC now owns 205,423 shares of the company’s stock valued at $26,348,000 after acquiring an additional 185,169 shares during the last quarter. Finally, RVW Wealth LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 9.2% in the 2nd quarter. RVW Wealth LLC now owns 128,463 shares of the company’s stock valued at $18,789,000 after acquiring an additional 10,876 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Down 0.1%

Shares of RWK stock opened at $144.18 on Friday. The stock has a market cap of $1.31 billion, a P/E ratio of 14.05 and a beta of 1.08. Invesco S&P MidCap 400 Revenue ETF has a 52 week low of $118.54 and a 52 week high of $152.74. The company’s fifty day simple moving average is $143.86 and its two-hundred day simple moving average is $140.71.

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.