Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Unusually-High Trading Volume – Still a Buy?

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJGet Free Report) saw unusually-strong trading volume on Monday . 184,488 shares traded hands during mid-day trading, an increase of 112% from the previous session’s volume of 87,182 shares.The stock last traded at $61.80 and had previously closed at $62.29.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 0.9%

The company has a market cap of $2.07 billion, a PE ratio of 13.17 and a beta of 1.08. The stock has a 50-day simple moving average of $60.08 and a 200 day simple moving average of $55.65.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RWJ. NewEdge Advisors LLC increased its position in Invesco S&P SmallCap 600 Revenue ETF by 0.4% in the 1st quarter. NewEdge Advisors LLC now owns 42,278 shares of the company’s stock valued at $2,134,000 after acquiring an additional 188 shares during the period. Kestra Private Wealth Services LLC raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 3.9% during the 1st quarter. Kestra Private Wealth Services LLC now owns 5,575 shares of the company’s stock valued at $281,000 after acquiring an additional 208 shares during the last quarter. Comerica Bank lifted its position in Invesco S&P SmallCap 600 Revenue ETF by 6.4% during the 4th quarter. Comerica Bank now owns 3,537 shares of the company’s stock worth $172,000 after acquiring an additional 214 shares during the period. Key Financial Inc lifted its position in Invesco S&P SmallCap 600 Revenue ETF by 2.1% during the 4th quarter. Key Financial Inc now owns 10,934 shares of the company’s stock worth $533,000 after acquiring an additional 228 shares during the period. Finally, Aptus Capital Advisors LLC grew its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 13.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 2,599 shares of the company’s stock valued at $126,000 after purchasing an additional 316 shares during the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

(Get Free Report)

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.

Further Reading

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