Investors Research Corp Cuts Stock Holdings in Invesco S&P MidCap 400 Revenue ETF $RWK

Investors Research Corp decreased its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 83.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,099 shares of the company’s stock after selling 21,055 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $599,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in RWK. Equitable Holdings Inc. boosted its holdings in Invesco S&P MidCap 400 Revenue ETF by 2.3% during the fourth quarter. Equitable Holdings Inc. now owns 3,799 shares of the company’s stock worth $480,000 after purchasing an additional 87 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Invesco S&P MidCap 400 Revenue ETF by 1.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 5,538 shares of the company’s stock worth $710,000 after purchasing an additional 89 shares in the last quarter. Stifel Financial Corp increased its stake in Invesco S&P MidCap 400 Revenue ETF by 1.3% in the 4th quarter. Stifel Financial Corp now owns 9,289 shares of the company’s stock valued at $1,175,000 after buying an additional 118 shares during the last quarter. NewEdge Advisors LLC increased its stake in Invesco S&P MidCap 400 Revenue ETF by 1.3% in the 4th quarter. NewEdge Advisors LLC now owns 10,917 shares of the company’s stock valued at $1,381,000 after buying an additional 144 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in Invesco S&P MidCap 400 Revenue ETF by 5.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 4,559 shares of the company’s stock valued at $576,000 after buying an additional 217 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Stock Down 0.3%

Invesco S&P MidCap 400 Revenue ETF stock opened at $151.00 on Thursday. Invesco S&P MidCap 400 Revenue ETF has a 52 week low of $118.54 and a 52 week high of $152.74. The company’s 50 day moving average price is $146.70 and its two-hundred day moving average price is $138.93. The stock has a market cap of $1.34 billion, a P/E ratio of 14.05 and a beta of 1.06.

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. 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.