Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) saw an uptick in trading volume on Friday . Approximately 56,437 shares were traded during mid-day trading, a decline of 34% from the previous session’s volume of 86,095 shares.The stock last traded at $60.9470 and had previously closed at $60.95.

Invesco S&P SmallCap 600 Revenue ETF Stock Up 0.3%

The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 13.17 and a beta of 1.07. The company’s 50-day simple moving average is $60.77 and its 200-day simple moving average is $56.29.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 27.2% in the first quarter. Royal Bank of Canada now owns 122,906 shares of the company’s stock worth $5,002,000 after acquiring an additional 26,302 shares during the last quarter. Jane Street Group LLC boosted its position in Invesco S&P SmallCap 600 Revenue ETF by 29.3% during the first quarter. Jane Street Group LLC now owns 43,073 shares of the company’s stock valued at $1,753,000 after purchasing an additional 9,751 shares during the last quarter. Brown Advisory Inc. boosted its position in Invesco S&P SmallCap 600 Revenue ETF by 9.4% during the second quarter. Brown Advisory Inc. now owns 14,001 shares of the company’s stock valued at $606,000 after purchasing an additional 1,200 shares during the last quarter. NewEdge Advisors LLC grew its stake in Invesco S&P SmallCap 600 Revenue ETF by 14.9% in the second quarter. NewEdge Advisors LLC now owns 38,555 shares of the company’s stock valued at $1,669,000 after purchasing an additional 4,998 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in Invesco S&P SmallCap 600 Revenue ETF by 4.4% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 30,891 shares of the company’s stock worth $1,337,000 after purchasing an additional 1,307 shares during the last quarter.

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.