Kestra Advisory Services LLC lifted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Free Report) by 27.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 23,060 shares of the company’s stock after acquiring an additional 5,005 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $2,958,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 0.6% in the 1st 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 in the last quarter. Jane Street Group LLC increased its stake 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 purchasing an additional 7,901 shares in the last quarter. JPMorgan Chase & Co. increased its stake 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 purchasing an additional 1,327 shares in the last quarter. NewEdge Advisors LLC increased its stake in Invesco S&P MidCap 400 Revenue ETF by 12.9% during the 2nd quarter. NewEdge Advisors LLC now owns 11,909 shares of the company’s stock valued at $1,392,000 after purchasing an additional 1,359 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 11.1% in the second quarter. Raymond James Financial Inc. now owns 126,366 shares of the company’s stock worth $14,771,000 after buying an additional 12,639 shares during the last quarter.
Invesco S&P MidCap 400 Revenue ETF Trading Down 0.7%
NYSEARCA:RWK opened at $147.80 on Friday. Invesco S&P MidCap 400 Revenue ETF has a 12 month low of $115.34 and a 12 month high of $149.27. The firm has a fifty day simple moving average of $143.00 and a 200-day simple moving average of $136.57. The company has a market capitalization of $1.30 billion, a P/E ratio of 14.05 and a beta of 1.06.
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.
See Also
- Five stocks we like better than Invesco S&P MidCap 400 Revenue ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding RWK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Free Report).
Receive News & Ratings for Invesco S&P MidCap 400 Revenue ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P MidCap 400 Revenue ETF and related companies with MarketBeat.com's FREE daily email newsletter.
