Invesco S&P MidCap 400 Revenue ETF $RWK Shares Acquired by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its position in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 7.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,863 shares of the company’s stock after buying an additional 3,440 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $6,139,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RWK. Farther Finance Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter valued at approximately $30,000. Flagship Harbor Advisors LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF in the fourth quarter worth $65,000. Greenline Wealth Management LLC bought a new stake in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter valued at $67,000. Arax Advisory Partners bought a new stake in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter valued at $108,000. Finally, Sunbelt Securities Inc. bought a new stake in Invesco S&P MidCap 400 Revenue ETF during the third quarter valued at $109,000.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

Shares of NYSEARCA:RWK opened at $150.53 on Wednesday. The company’s fifty day moving average is $144.48 and its two-hundred day moving average is $137.58. Invesco S&P MidCap 400 Revenue ETF has a 1-year low of $115.34 and a 1-year high of $150.62. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 14.05 and a beta of 1.06.

Invesco S&P MidCap 400 Revenue ETF Company 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.