Investors Research Corp Sells 21,055 Shares of Invesco S&P MidCap 400 Revenue ETF $RWK

Investors Research Corp reduced its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 83.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,099 shares of the company’s stock after selling 21,055 shares during the period. Investors Research Corp’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $599,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 69,722 shares of the company’s stock worth $7,522,000 after purchasing an additional 442 shares during the last quarter. Jane Street Group LLC boosted its position in Invesco S&P MidCap 400 Revenue ETF by 418.0% during the 1st quarter. Jane Street Group LLC now owns 9,791 shares of the company’s stock valued at $1,056,000 after buying an additional 7,901 shares during the period. JPMorgan Chase & Co. boosted its position in Invesco S&P MidCap 400 Revenue ETF by 14.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,631 shares of the company’s stock valued at $1,243,000 after buying an additional 1,327 shares during the period. NewEdge Advisors LLC grew its holdings in Invesco S&P MidCap 400 Revenue ETF by 12.9% in the 2nd quarter. NewEdge Advisors LLC now owns 11,909 shares of the company’s stock worth $1,392,000 after acquiring an additional 1,359 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Invesco S&P MidCap 400 Revenue ETF by 11.1% in the 2nd quarter. Raymond James Financial Inc. now owns 126,366 shares of the company’s stock worth $14,771,000 after acquiring an additional 12,639 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Up 1.1%

RWK stock opened at $147.77 on Thursday. The firm’s 50-day moving average price is $148.31 and its two-hundred day moving average price is $140.45. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $118.54 and a 12-month high of $152.74. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 14.05 and a beta of 1.06.

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.