Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Reaches New 52-Week High – What’s Next?

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ)’s stock price reached a new 52-week high on Thursday . The company traded as high as $55.91 and last traded at $55.91, with a volume of 53746 shares traded. The stock had previously closed at $55.17.

Invesco S&P SmallCap 600 Revenue ETF Stock Up 0.3%

The stock’s 50 day simple moving average is $51.97 and its two-hundred day simple moving average is $50.62. The company has a market cap of $1.83 billion, a PE ratio of 13.17 and a beta of 1.10.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in RWJ. Raymond James Financial Inc. increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 20.8% in the third quarter. Raymond James Financial Inc. now owns 781,748 shares of the company’s stock worth $37,758,000 after acquiring an additional 134,756 shares in the last quarter. Morgan Stanley increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.9% in the fourth quarter. Morgan Stanley now owns 2,214,246 shares of the company’s stock worth $107,878,000 after acquiring an additional 124,135 shares in the last quarter. Focus Partners Wealth increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 16.0% in the fourth quarter. Focus Partners Wealth now owns 525,416 shares of the company’s stock worth $25,598,000 after acquiring an additional 72,377 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 1,190,231 shares of the company’s stock worth $51,525,000 after acquiring an additional 62,371 shares in the last quarter. Finally, Sonoma Allocations LLC purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the third quarter worth approximately $2,201,000.

About Invesco S&P SmallCap 600 Revenue ETF

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.