Ipsen Advisor Group LLC grew its stake in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK – Free Report) by 4.4% in the first quarter, Holdings Channel.com reports. The firm owned 42,630 shares of the company’s stock after acquiring an additional 1,791 shares during the quarter. Invesco S&P MidCap 400 Revenue ETF makes up approximately 4.0% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 8th biggest position. Ipsen Advisor Group LLC’s holdings in Invesco S&P MidCap 400 Revenue ETF were worth $4,599,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in RWK. Copia Wealth Management acquired a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth $35,000. Harbour Investments Inc. boosted its position in shares of Invesco S&P MidCap 400 Revenue ETF by 28.8% during the 4th quarter. Harbour Investments Inc. now owns 1,517 shares of the company’s stock valued at $176,000 after acquiring an additional 339 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco S&P MidCap 400 Revenue ETF in the fourth quarter valued at about $203,000. Focus Partners Wealth purchased a new position in Invesco S&P MidCap 400 Revenue ETF during the fourth quarter worth about $209,000. Finally, Global Retirement Partners LLC boosted its holdings in Invesco S&P MidCap 400 Revenue ETF by 25.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,886 shares of the company’s stock valued at $219,000 after purchasing an additional 386 shares during the last quarter.
Invesco S&P MidCap 400 Revenue ETF Stock Performance
RWK stock opened at $114.13 on Tuesday. The firm has a market cap of $814.89 million, a PE ratio of 14.15 and a beta of 1.18. Invesco S&P MidCap 400 Revenue ETF has a one year low of $93.24 and a one year high of $127.38. The firm’s 50 day moving average price is $107.38 and its 200-day moving average price is $114.04.
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.
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