Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Update

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 49,559 shares, a drop of 62.1% from the April 15th total of 130,716 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 81,023 shares, the days-to-cover ratio is currently 0.6 days.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

Shares of NYSEARCA RWJ traded down $0.86 during trading on Friday, reaching $53.65. The company had a trading volume of 58,266 shares, compared to its average volume of 84,866. Invesco S&P SmallCap 600 Revenue ETF has a 52 week low of $40.23 and a 52 week high of $56.36. The stock has a market cap of $1.75 billion, a PE ratio of 13.17 and a beta of 1.10. The business’s 50 day moving average price is $52.42 and its 200-day moving average price is $51.08.

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

A number of institutional investors have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 218,233 shares of the company’s stock worth $10,517,000 after buying an additional 10,893 shares during the period. Guidance Capital Inc. grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 44.7% during the 4th quarter. Guidance Capital Inc. now owns 46,324 shares of the company’s stock worth $2,467,000 after buying an additional 14,320 shares during the period. Jones Financial Companies Lllp grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 19.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 101,582 shares of the company’s stock worth $4,888,000 after buying an additional 16,204 shares during the period. CPC Advisors LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 12.6% during the 4th quarter. CPC Advisors LLC now owns 365,973 shares of the company’s stock worth $17,830,000 after buying an additional 41,082 shares during the period. Finally, MAI Capital Management grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.9% during the 3rd quarter. MAI Capital Management now owns 415,978 shares of the company’s stock worth $20,092,000 after buying an additional 23,156 shares during the period.

About Invesco S&P SmallCap 600 Revenue ETF

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.