J. Derek Lewis & Associates Inc. Takes Position in Invesco S&P MidCap 400 Revenue ETF $RWK

J. Derek Lewis & Associates Inc. bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 10,529 shares of the company’s stock, valued at approximately $1,331,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of RWK. NewEdge Advisors LLC increased its stake in Invesco S&P MidCap 400 Revenue ETF by 1.3% during the fourth quarter. NewEdge Advisors LLC now owns 10,917 shares of the company’s stock worth $1,381,000 after purchasing an additional 144 shares during the period. AQR Capital Management LLC grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 21.3% in the fourth quarter. AQR Capital Management LLC now owns 4,267 shares of the company’s stock valued at $540,000 after purchasing an additional 750 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 4.9% in the fourth quarter. Cetera Investment Advisers now owns 27,490 shares of the company’s stock valued at $3,476,000 after purchasing an additional 1,286 shares in the last quarter. Equitable Holdings Inc. grew its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 2.3% in the fourth quarter. Equitable Holdings Inc. now owns 3,799 shares of the company’s stock valued at $480,000 after purchasing an additional 87 shares in the last quarter. Finally, Arax Advisory Partners purchased a new stake in Invesco S&P MidCap 400 Revenue ETF during the 4th quarter worth approximately $108,000.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Invesco S&P MidCap 400 Revenue ETF stock opened at $144.15 on Friday. The firm has a market cap of $1.25 billion, a PE ratio of 14.05 and a beta of 1.07. Invesco S&P MidCap 400 Revenue ETF has a 52-week low of $113.47 and a 52-week high of $148.24. The company’s 50 day moving average is $139.90 and its two-hundred day moving average is $134.12.

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.