Resonant Capital Advisors LLC Increases Position in Invesco S&P MidCap 400 Revenue ETF $RWK

Resonant Capital Advisors LLC increased its holdings in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 170,930 shares of the company’s stock after purchasing an additional 6,621 shares during the quarter. Invesco S&P MidCap 400 Revenue ETF accounts for about 1.2% of Resonant Capital Advisors LLC’s holdings, making the stock its 25th largest holding. Resonant Capital Advisors LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $21,924,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Farther Finance Advisors LLC purchased a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth approximately $30,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $65,000. Greenline Wealth Management LLC purchased a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at approximately $67,000. Arax Advisory Partners acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 4th quarter worth approximately $108,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the 3rd quarter worth approximately $109,000.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

Shares of NYSEARCA:RWK traded down $1.03 during midday trading on Tuesday, reaching $145.87. 4,486 shares of the company’s stock traded hands, compared to its average volume of 20,913. Invesco S&P MidCap 400 Revenue ETF has a 1 year low of $115.34 and a 1 year high of $148.24. The company has a market cap of $1.28 billion, a P/E ratio of 14.05 and a beta of 1.06. The company has a fifty day simple moving average of $141.61 and a two-hundred day simple moving average of $135.51.

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.