105,679 Shares in Invesco S&P MidCap 400 Revenue ETF $RWK Bought by Sound Income Strategies LLC

Sound Income Strategies LLC bought a new stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the third quarter, Holdings Channel.com reports. The fund bought 105,679 shares of the company’s stock, valued at approximately $14,963,000.

Several other institutional investors have also recently made changes to their positions in the stock. Bleakley Financial Group LLC boosted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 914.2% in the first quarter. Bleakley Financial Group LLC now owns 205,423 shares of the company’s stock worth $26,348,000 after acquiring an additional 185,169 shares during the period. Bank of America Corp DE lifted its holdings in Invesco S&P MidCap 400 Revenue ETF by 16.9% during the 1st quarter. Bank of America Corp DE now owns 326,143 shares of the company’s stock worth $41,831,000 after purchasing an additional 47,267 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 114.3% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 27,750 shares of the company’s stock worth $3,559,000 after purchasing an additional 14,802 shares during the period. Fusion Family Wealth LLC boosted its stake in Invesco S&P MidCap 400 Revenue ETF by 2.6% in the 1st quarter. Fusion Family Wealth LLC now owns 551,484 shares of the company’s stock worth $70,733,000 after purchasing an additional 13,960 shares during the period. Finally, RVW Wealth LLC grew its holdings in Invesco S&P MidCap 400 Revenue ETF by 9.2% during the 2nd quarter. RVW Wealth LLC now owns 128,463 shares of the company’s stock valued at $18,789,000 after buying an additional 10,876 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Shares of RWK traded up $0.07 during midday trading on Friday, hitting $141.66. 7,702 shares of the company traded hands, compared to its average volume of 20,694. The stock has a 50-day moving average of $146.42 and a 200-day moving average of $142.52. Invesco S&P MidCap 400 Revenue ETF has a one year low of $118.54 and a one year high of $152.74. The firm has a market cap of $1.28 billion, a P/E ratio of 14.05 and a beta of 1.07.

Invesco S&P MidCap 400 Revenue ETF Company 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.