Resonant Capital Advisors LLC Grows Stake in Invesco S&P MidCap 400 Revenue ETF $RWK

Resonant Capital Advisors LLC increased its position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 4.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,930 shares of the company’s stock after acquiring an additional 6,621 shares during the period. Invesco S&P MidCap 400 Revenue ETF comprises about 1.2% of Resonant Capital Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Resonant Capital Advisors LLC owned 1.96% of Invesco S&P MidCap 400 Revenue ETF worth $21,924,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of RWK. Vantagepoint Investment Advisers LLC increased its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 540,584 shares of the company’s stock valued at $68,362,000 after purchasing an additional 23,259 shares during the last quarter. RFG Advisory LLC bought a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the 1st quarter worth approximately $678,000. J. Derek Lewis & Associates Inc. purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter worth approximately $1,331,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 114.3% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 27,750 shares of the company’s stock worth $3,559,000 after buying an additional 14,802 shares during the last quarter. Finally, Fusion Family Wealth LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 3.5% in the fourth quarter. Fusion Family Wealth LLC now owns 537,524 shares of the company’s stock worth $67,975,000 after buying an additional 18,153 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Down 0.7%

NYSEARCA RWK traded down $1.03 during trading hours on Tuesday, hitting $145.87. 4,486 shares of the company’s stock traded hands, compared to its average volume of 20,913. Invesco S&P MidCap 400 Revenue ETF has a 52 week low of $115.34 and a 52 week high of $148.24. The firm has a market capitalization of $1.28 billion, a P/E ratio of 14.05 and a beta of 1.06. The business’s fifty day moving average price is $141.61 and its two-hundred day moving average price is $135.51.

Invesco S&P MidCap 400 Revenue ETF 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.