EverSource Wealth Advisors LLC Buys Shares of 44,928 Invesco S&P MidCap 400 Revenue ETF $RWK

EverSource Wealth Advisors LLC acquired a new stake in shares of Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 44,928 shares of the company’s stock, valued at approximately $5,616,000.

Other hedge funds also recently made changes to their positions in the company. CWM LLC lifted its position in Invesco S&P MidCap 400 Revenue ETF by 10,333.0% in the 3rd quarter. CWM LLC now owns 31,925 shares of the company’s stock worth $3,991,000 after buying an additional 31,619 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF during the third quarter worth approximately $64,671,000. Nwam LLC lifted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 91.1% in the 3rd quarter. Nwam LLC now owns 39,595 shares of the company’s stock worth $4,928,000 after acquiring an additional 18,871 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P MidCap 400 Revenue ETF by 2.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 116,051 shares of the company’s stock worth $13,565,000 after acquiring an additional 2,799 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of Invesco S&P MidCap 400 Revenue ETF by 26.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 41,491 shares of the company’s stock valued at $5,203,000 after purchasing an additional 8,589 shares in the last quarter.

Invesco S&P MidCap 400 Revenue ETF Trading Down 2.2%

Shares of NYSEARCA:RWK opened at $134.66 on Tuesday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 14.05 and a beta of 1.17. The stock’s 50-day moving average price is $132.60 and its 200-day moving average price is $127.51. Invesco S&P MidCap 400 Revenue ETF has a 12-month low of $93.24 and a 12-month high of $139.41.

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. 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.