Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sets New 12-Month High – Here’s What Happened

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) shares reached a new 52-week high on Wednesday . The company traded as high as $60.42 and last traded at $60.42, with a volume of 23534 shares traded. The stock had previously closed at $59.65.

Invesco S&P SmallCap 600 Revenue ETF Trading Up 1.2%

The company has a market cap of $2.03 billion, a price-to-earnings ratio of 13.17 and a beta of 1.07. The stock’s fifty day simple moving average is $57.19 and its 200 day simple moving average is $53.86.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in Invesco S&P SmallCap 600 Revenue ETF by 5.9% during the fourth quarter. Morgan Stanley now owns 2,214,246 shares of the company’s stock worth $107,878,000 after buying an additional 124,135 shares during the last quarter. Fusion Family Wealth LLC increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.4% in the 1st quarter. Fusion Family Wealth LLC now owns 1,498,972 shares of the company’s stock worth $75,668,000 after acquiring an additional 20,971 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 8.4% in the 1st quarter. Bank of America Corp DE now owns 1,339,599 shares of the company’s stock worth $67,623,000 after acquiring an additional 104,300 shares during the last quarter. UBS Group AG raised its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 0.9% during the 3rd quarter. UBS Group AG now owns 816,789 shares of the company’s stock worth $39,451,000 after acquiring an additional 7,522 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 20.8% during the 3rd quarter. Raymond James Financial Inc. now owns 781,748 shares of the company’s stock worth $37,758,000 after acquiring an additional 134,756 shares during the period.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

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.