Bleakley Financial Group LLC Invests $2.56 Million in Invesco S&P MidCap 400 Revenue ETF $RWK

Bleakley Financial Group LLC acquired a new position in Invesco S&P MidCap 400 Revenue ETF (NYSEARCA:RWK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 20,254 shares of the company’s stock, valued at approximately $2,561,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Western Wealth Management LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 0.9% in the 3rd quarter. Western Wealth Management LLC now owns 15,433 shares of the company’s stock worth $1,929,000 after buying an additional 141 shares during the last quarter. Comerica Bank grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 8.9% in the 4th quarter. Comerica Bank now owns 2,889 shares of the company’s stock worth $365,000 after buying an additional 236 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P MidCap 400 Revenue ETF in the 4th quarter worth approximately $30,000. Advisory Services Network LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 4.6% in the 2nd quarter. Advisory Services Network LLC now owns 6,192 shares of the company’s stock worth $739,000 after buying an additional 274 shares during the last quarter. Finally, Capital Square LLC grew its position in shares of Invesco S&P MidCap 400 Revenue ETF by 16.8% in the 3rd quarter. Capital Square LLC now owns 2,813 shares of the company’s stock worth $352,000 after buying an additional 404 shares during the last quarter.

Invesco S&P MidCap 400 Revenue ETF Price Performance

Shares of NYSEARCA:RWK opened at $141.43 on Thursday. The business’s 50-day moving average is $134.66 and its 200 day moving average is $131.79. Invesco S&P MidCap 400 Revenue ETF has a 1 year low of $110.76 and a 1 year high of $143.32. The firm has a market capitalization of $1.23 billion, a P/E ratio of 14.05 and a beta of 1.08.

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.