Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Up 77.0% in July

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 102,881 shares, a growth of 77.0% from the June 30th total of 58,139 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 92,730 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Large investors have recently made changes to their positions in the company. Independent Financial Group LLC bought a new position in Invesco S&P SmallCap 600 Revenue ETF during the first quarter valued at approximately $8,129,000. Raymond James Financial Inc. boosted its position 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 valued at $37,758,000 after acquiring an additional 134,756 shares during the last quarter. Morgan Stanley grew its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.9% in the fourth quarter. Morgan Stanley now owns 2,214,246 shares of the company’s stock valued at $107,878,000 after purchasing an additional 124,135 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 8.4% in the first quarter. Bank of America Corp DE now owns 1,339,599 shares of the company’s stock valued at $67,623,000 after purchasing an additional 104,300 shares in the last quarter. Finally, Focus Partners Wealth increased its position in Invesco S&P SmallCap 600 Revenue ETF by 16.0% in the fourth quarter. Focus Partners Wealth now owns 525,416 shares of the company’s stock worth $25,598,000 after purchasing an additional 72,377 shares during the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 0.2%

RWJ stock traded down $0.12 during mid-day trading on Friday, hitting $60.90. The company had a trading volume of 115,567 shares, compared to its average volume of 87,075. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 13.17 and a beta of 1.07. Invesco S&P SmallCap 600 Revenue ETF has a 12-month low of $42.51 and a 12-month high of $62.38. The company has a 50-day moving average price of $58.67 and a 200 day moving average price of $54.79.

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.