Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Unusually-High Trading Volume – What’s Next?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) shares saw unusually-high trading volume on Monday . Approximately 97,735 shares traded hands during mid-day trading, an increase of 424% from the previous session’s volume of 18,642 shares.The stock last traded at $116.76 and had previously closed at $116.29.

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

The firm has a market cap of $816.66 million, a P/E ratio of 12.24 and a beta of 1.06. The firm’s 50 day moving average is $120.50 and its two-hundred day moving average is $116.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fusion Family Wealth LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 4.8% in the third quarter. Fusion Family Wealth LLC now owns 483,221 shares of the company’s stock valued at $56,208,000 after buying an additional 21,963 shares during the period. Prism Advisors Inc. acquired a new position in Invesco S&P MidCap 400 Revenue ETF in the 3rd quarter worth $17,700,000. Resonant Capital Advisors LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 3.7% during the 3rd quarter. Resonant Capital Advisors LLC now owns 151,729 shares of the company’s stock worth $17,649,000 after purchasing an additional 5,381 shares in the last quarter. Systelligence LLC raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 6.0% in the 3rd quarter. Systelligence LLC now owns 138,329 shares of the company’s stock valued at $16,090,000 after purchasing an additional 7,864 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 8.6% in the 3rd quarter. Raymond James & Associates now owns 92,784 shares of the company’s stock valued at $10,793,000 after purchasing an additional 7,319 shares during the period.

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.