Envestnet Asset Management Inc. Buys 15,059 Shares of Invesco S&P MidCap 400 Revenue ETF $RWK

Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) by 69.0% in the second quarter, Holdings Channel.com reports. The fund owned 36,896 shares of the company’s stock after acquiring an additional 15,059 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $4,313,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avantax Advisory Services Inc. boosted its holdings in Invesco S&P MidCap 400 Revenue ETF by 2.7% in the first quarter. Avantax Advisory Services Inc. now owns 6,565 shares of the company’s stock valued at $708,000 after acquiring an additional 172 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 1.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 11,758 shares of the company’s stock valued at $1,374,000 after purchasing an additional 188 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 7.5% in the 1st quarter. HighTower Advisors LLC now owns 3,881 shares of the company’s stock valued at $419,000 after purchasing an additional 270 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P MidCap 400 Revenue ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 21,348 shares of the company’s stock worth $2,303,000 after buying an additional 276 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in Invesco S&P MidCap 400 Revenue ETF during the second quarter worth $36,000.

Invesco S&P MidCap 400 Revenue ETF Stock Down 1.4%

RWK stock opened at $122.98 on Friday. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 14.05 and a beta of 1.17. The company’s fifty day simple moving average is $125.02 and its 200 day simple moving average is $119.95. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $93.24 and a 12-month high of $129.27.

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.