Independent Financial Group LLC Makes New Investment in Invesco S&P SmallCap 600 Revenue ETF $RWJ

Independent Financial Group LLC bought a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 161,033 shares of the company’s stock, valued at approximately $8,129,000. Independent Financial Group LLC owned about 0.49% of Invesco S&P SmallCap 600 Revenue ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in RWJ. Fusion Family Wealth LLC lifted its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.4% in the first quarter. Fusion Family Wealth LLC now owns 1,498,972 shares of the company’s stock valued at $75,668,000 after acquiring an additional 20,971 shares in the last quarter. Opinicus Capital Inc. increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 1.6% during the first quarter. Opinicus Capital Inc. now owns 37,602 shares of the company’s stock worth $1,898,000 after purchasing an additional 574 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Invesco S&P SmallCap 600 Revenue ETF by 2.5% in the 1st quarter. Sanctuary Advisors LLC now owns 43,994 shares of the company’s stock valued at $2,221,000 after purchasing an additional 1,058 shares during the last quarter. Fifth Third Bancorp acquired a new position in Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter valued at $169,000. Finally, Summit Financial Strategies Inc. purchased a new position in Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter valued at $204,000.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

Shares of RWJ stock opened at $61.34 on Friday. Invesco S&P SmallCap 600 Revenue ETF has a fifty-two week low of $42.51 and a fifty-two week high of $61.67. The stock’s fifty day moving average is $57.38 and its two-hundred day moving average is $54.02. The firm has a market capitalization of $2.06 billion, a P/E ratio of 13.17 and a beta of 1.07.

Invesco S&P SmallCap 600 Revenue ETF 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.