Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Large Volume Increase – What’s Next?

Shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw strong trading volume on Wednesday . 310,713 shares traded hands during trading, an increase of 256% from the previous session’s volume of 87,197 shares.The stock last traded at $57.38 and had previously closed at $57.19.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

The company has a market cap of $1.90 billion, a P/E ratio of 13.17 and a beta of 1.08. The firm has a 50 day moving average price of $54.76 and a 200-day moving average price of $52.28.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

Several large investors have recently made changes to their positions in the stock. Morgan Stanley boosted its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.9% during the 4th quarter. Morgan Stanley now owns 2,214,246 shares of the company’s stock worth $107,878,000 after acquiring an additional 124,135 shares in the last quarter. Fusion Family Wealth LLC boosted its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.4% during 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 in the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 8.4% during 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 in the last quarter. UBS Group AG boosted its stake 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 in the last quarter. Finally, Raymond James Financial Inc. boosted its stake 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 in the last quarter.

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.