Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) Sees Unusually-High Trading Volume – Time to Buy?

Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWKGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 97,735 shares changed hands during mid-day trading, an increase of 424% from the previous session’s volume of 18,642 shares.The stock last traded at $116.76 and had previously closed at $116.29.

Invesco S&P MidCap 400 Revenue ETF Stock Up 0.7 %

The stock has a market cap of $797.86 million, a P/E ratio of 12.24 and a beta of 1.06. The firm’s 50 day simple moving average is $120.44 and its two-hundred day simple moving average is $115.92.

Institutional Trading of Invesco S&P MidCap 400 Revenue ETF

Several hedge funds have recently made changes to their positions in the stock. LPL Financial LLC increased its position in Invesco S&P MidCap 400 Revenue ETF by 6.5% in the second quarter. LPL Financial LLC now owns 578,976 shares of the company’s stock worth $63,562,000 after buying an additional 35,104 shares during the period. Fusion Family Wealth LLC lifted its position in Invesco S&P MidCap 400 Revenue ETF by 4.8% in the 3rd quarter. Fusion Family Wealth LLC now owns 483,221 shares of the company’s stock valued at $56,208,000 after purchasing an additional 21,963 shares during the last quarter. Prism Advisors Inc. acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter valued at about $17,700,000. Resonant Capital Advisors LLC increased its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 3.7% in the third quarter. Resonant Capital Advisors LLC now owns 151,729 shares of the company’s stock valued at $17,649,000 after purchasing an additional 5,381 shares during the period. Finally, Systelligence LLC raised its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 6.0% during the third quarter. Systelligence LLC now owns 138,329 shares of the company’s stock valued at $16,090,000 after buying an additional 7,864 shares during the last quarter.

About Invesco S&P MidCap 400 Revenue ETF

(Get Free Report)

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.

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