Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Short Interest Update

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 21,802 shares, a decrease of 63.8% from the July 15th total of 60,297 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 17,915 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

Several institutional investors have recently made changes to their positions in RWK. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap 400 Revenue ETF by 446.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 659,036 shares of the company’s stock worth $83,342,000 after buying an additional 538,536 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 455.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 575,707 shares of the company’s stock valued at $71,958,000 after acquiring an additional 472,081 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 914.2% during 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 in the last quarter. Bank of America Corp DE increased its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 44.3% in the third quarter. Bank of America Corp DE now owns 253,339 shares of the company’s stock worth $31,670,000 after acquiring an additional 77,834 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 7.4% during the fourth quarter. Morgan Stanley now owns 938,017 shares of the company’s stock worth $118,622,000 after acquiring an additional 64,763 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Up 0.1%

NYSEARCA RWK traded up $0.21 during trading on Friday, reaching $152.30. 17,838 shares of the company’s stock were exchanged, compared to its average volume of 20,594. Invesco S&P MidCap 400 Revenue ETF has a fifty-two week low of $118.54 and a fifty-two week high of $152.74. The firm has a market capitalization of $1.35 billion, a PE ratio of 14.05 and a beta of 1.06. The company’s fifty day simple moving average is $147.10 and its 200-day simple moving average is $139.16.

About Invesco S&P MidCap 400 Revenue ETF

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.