Invesco S&P MidCap 400 Revenue ETF $RWK Shares Bought by Fusion Family Wealth LLC

Fusion Family Wealth LLC lifted its stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 551,484 shares of the company’s stock after acquiring an additional 13,960 shares during the period. Invesco S&P MidCap 400 Revenue ETF makes up about 5.3% of Fusion Family Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Fusion Family Wealth LLC owned about 6.34% of Invesco S&P MidCap 400 Revenue ETF worth $70,733,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its position in Invesco S&P MidCap 400 Revenue ETF by 446.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 659,036 shares of the company’s stock valued at $83,342,000 after acquiring an additional 538,536 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 455.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 575,707 shares of the company’s stock worth $71,958,000 after purchasing an additional 472,081 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF by 914.2% during the 1st quarter. Bleakley Financial Group LLC now owns 205,423 shares of the company’s stock worth $26,348,000 after purchasing an additional 185,169 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 44.3% in the 3rd quarter. Bank of America Corp DE now owns 253,339 shares of the company’s stock valued at $31,670,000 after purchasing an additional 77,834 shares during the period. Finally, Morgan Stanley raised its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 7.4% in the 4th quarter. Morgan Stanley now owns 938,017 shares of the company’s stock valued at $118,622,000 after purchasing an additional 64,763 shares during the period.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Shares of Invesco S&P MidCap 400 Revenue ETF stock opened at $146.44 on Wednesday. The stock’s 50-day moving average is $142.54 and its 200-day moving average is $136.23. Invesco S&P MidCap 400 Revenue ETF has a one year low of $115.34 and a one year high of $148.24. The firm has a market cap of $1.29 billion, a price-to-earnings 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.