Patriot Financial Group Insurance Agency LLC Increases Stock Position in Invesco S&P MidCap 400 Revenue ETF $RWK

Patriot Financial Group Insurance Agency LLC raised its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 114.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,750 shares of the company’s stock after acquiring an additional 14,802 shares during the period. Patriot Financial Group Insurance Agency LLC owned 0.32% of Invesco S&P MidCap 400 Revenue ETF worth $3,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 purchasing an additional 538,536 shares during the last quarter. Ameriprise Financial Inc. grew its stake 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 buying an additional 472,081 shares during the last quarter. Bank of America Corp DE grew its stake in Invesco S&P MidCap 400 Revenue ETF by 44.3% during the 3rd quarter. Bank of America Corp DE now owns 253,339 shares of the company’s stock worth $31,670,000 after buying an additional 77,834 shares during the last quarter. Morgan Stanley increased its position in Invesco S&P MidCap 400 Revenue ETF by 7.4% during the fourth quarter. Morgan Stanley now owns 938,017 shares of the company’s stock worth $118,622,000 after buying an additional 64,763 shares during the period. Finally, Wells Fargo & Company MN increased its position in Invesco S&P MidCap 400 Revenue ETF by 13.4% during the fourth quarter. Wells Fargo & Company MN now owns 287,714 shares of the company’s stock worth $36,384,000 after buying an additional 34,104 shares during the period.

Invesco S&P MidCap 400 Revenue ETF Stock Performance

Shares of NYSEARCA RWK opened at $145.91 on Monday. Invesco S&P MidCap 400 Revenue ETF has a twelve month low of $115.34 and a twelve month high of $148.24. The stock has a 50 day moving average of $140.81 and a two-hundred day moving average of $134.79. The stock has a market cap of $1.27 billion, a P/E ratio of 14.05 and a beta of 1.07.

Invesco S&P MidCap 400 Revenue ETF Profile

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.