Investors Research Corp Sells 21,055 Shares of Invesco S&P MidCap 400 Revenue ETF $RWK

Investors Research Corp reduced its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 83.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 4,099 shares of the company’s stock after selling 21,055 shares during the period. Investors Research Corp’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $599,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 69,722 shares of the company’s stock worth $7,522,000 after buying an additional 442 shares during the last quarter. Jane Street Group LLC boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 418.0% in the first quarter. Jane Street Group LLC now owns 9,791 shares of the company’s stock valued at $1,056,000 after acquiring an additional 7,901 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 14.3% in the second quarter. JPMorgan Chase & Co. now owns 10,631 shares of the company’s stock valued at $1,243,000 after acquiring an additional 1,327 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 12.9% in the second quarter. NewEdge Advisors LLC now owns 11,909 shares of the company’s stock valued at $1,392,000 after acquiring an additional 1,359 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 11.1% during the 2nd quarter. Raymond James Financial Inc. now owns 126,366 shares of the company’s stock valued at $14,771,000 after acquiring an additional 12,639 shares during the period.

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

Shares of RWK stock opened at $151.00 on Thursday. The company has a 50 day moving average of $146.70 and a 200-day moving average of $138.93. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $118.54 and a 12-month high of $152.74. The firm has a market cap of $1.34 billion, a P/E ratio of 14.05 and a beta of 1.06.

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.